1) Now we are in downtrend.
2) I think down move has limit and it's risky enough.
3) If it go down, I will just look, and trade other setups ( AUDJPY see my ideas)
4) But if it will try to reverse, my final suggestion: we are waiting the first impulse up to finish downtrend, and then after correction we will find buy setup for huge long term trade.
5) Divergence on MACD!