Sell on breakout of the current correction. Long trades can be taken only after breakout and confirmation of the trend. It seems more inclined to go short for at least 80 pips.
Trade active:
Impulse not good enough for BUY though it broke upside. Trade active in SELL order.
Comment:
Current position closed. Waiting for a better entry. There is no structural change and thus the bias is still downside itself. We will get that sell shortly.