Therefore, here it is necessary to wait for the completion of the formation in the form of a double in the wave , then wait for the breakdown of the green channel up and only then proceed with small purchases. By the way, it is forbidden for the double to break through the red lower level, so you can try to put a small order on the red fib with a stop at 1.66. Maybe this option will work.
But in general, I recommend waiting for the invalidation of the potential downward impulse first. And only then make a decision. This is my strategy :o)