Looking at daly chart
Its a perfect retracement at 0.61 fib retracement and key level 1.5500
Looking at H4 chart we have a (worked perfectly but i didnt see it) and a wegde breakout.
The price is now bouncing from the , a nice chance to enter.
I want to be very conservative and placed the stoploss above 1.5500
You can also textbook trade the alone and place the stoploss aroun 1.5620