I am looking for price to reject out of the upper trend-line and 50EMA then make another move down to test the 200sma/50% retracement/previous support (possibly creating a small double bottom), Wait for price action to print and confirm rejection and divergence. At this point i will be looking to get long until the completion of the CD leg Hold until 1.27 extension before closing 1/2 of the position and moving stop loss to break even. Run remaining position until 1.50 extension, depending on price action close out the remaining 1/2 or move stop loss to logical structure support level and run the position until taken out by stop.
Comments and criticism welcomed as I'm currently still learning
The only person I have seen go long on this pair the same as I have, (for different reasons). There are too many clowns on trading view going short and they have all been stopped out already haha. Keep up the good work