indicates divergence which may be interim low. Yesterday the price fell sharply, stopped at 1.27550 support level
and formed a little pinbar
on 4H. I am not sure about the wave count but feels like we may have a relief bounce hence this buying opportunity. As this is a countertrend move I am entering with buy stop order and putting a tight SL. If price continues to jiggle not moving up I will close the position.