Looking at this pattern on the 240 min chart, stops would have to be over 100 pips. If that is too much for your rules, then you may be looking at a lower time frame to get involved with a long position on this pair.
Dropping down to the 60, we see that we have a move at 7100 even handle
is over sold so you could build up a CTS score and wait for a re test of structure forming a valid and use this to get involved.
could be a nice end to the trading year!