EURUSD bearish entry based on structure

Updated
Hi traders,

On the EURUSD 4H chart we can see that price is retracing back to previous structure. The entry is at the starting of this structure combined with the 127.2% Fibonacci extension.
Entry: 1.06850
Stop: 1.07303
Target: 1.06136 = R:RR 1.58

Best of luck!
Order cancelled
Pattern invalid.
EURUSDfibshortstructure

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