This idea also links with the DXY looking for a press to the 100-100.50 area prior to seeing a rejection at this level where it could return to the 99/98/97 areas.
As for entries, several points can be considered entry points but this will depend on lower time frame price action at the time. I am considering the between 107.9-108.1, the 0 fib level and the upper structure for my entry. Again, all depending on lower time frame price action and rejection of these areas. SL will be placed decently above the structure to prevent getting "wicked out" but whist retaining a strong R:R.
This trade idea will be voided if we see a further press out of this structure to break and close above it with continuation to the upside.
SL also at BE.