Price has been trading in a range, that is a fact. However, with LDN session open, there's a sign of increased volatility. And on a HTF, we can see quite a textbook Break & retest unfolding. Im entering my short position based on this premise.
SL is above .88 retracement which I normally use as a standard SL
I will be keeping an eye on this position and will definitely be actively managing my risk if it doesn't do what I expects it to.