The question is, how do we get involved?
Well we can wait for price action to push up into the "kill zone" which would be between previous structure lows and the previous retracement high/close. Then we can drill down into a lower time frame to look for further confirmation such as a .
Those more aggressive traders can just wait for price action to offer more than a 1:1 Risk Reward and then enter.
For those traders, you may want to look at a pattern completion for reasons to enter the trade but looking for the longer term move.
Definitely one to keep on the radar.