Bandwidth on daily has risen sharply, weekly overall flat, but you can clearly see the increase in from last week in price action. A good entry point would be to wait for more confirmation on weekly. You can see that one weekly bar only generates a small amount of increased relative to past movements on Weekly. This market has obviously been in a strong trend for few years, and in these scenarios patience is required for long term traders. A break of the next upcoming minor supports on daily and further strong candles on Weekly will confirm a new trend.
Ideally .750 will break and the next level to watch will be .800-.820. (Please note all my lines should be viewed as zones and not fine lines!)
I am long term trader and target trends, if this trend does not confirm or continue I will discard this trade. I find trading range bound markets to be far less profitable than trends.