Price is heading toward a significant level on the big weekly time frame. The significant level coincides with a strong reversal level at 61.8% of the last wave fib range. Lastly, the price is approaching the monthly Kumo cloud surface which is another reversal level.
I am looking at 0.7730 to 0.7750 range to find entry points that confirms trend reversal.
Order cancelled
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Pair is still bullish, however missed on the good entry price due to fast market movement.
Trade is cancelled as we missed on the good entry price. May post another trading idea for scaling into the upward wave on smaller time frames.