I think this pair needs a deeper retracement before continuing to the downside. I think the setup is still valid and price action didnt invalidated my view yet.
Im looking to re-enter now at the 0.8860 fib retracement of last "leading diagonal"
My minimum target expectations are the 0.38 and 0.61 fib retracements of last D1 swing.
If im wrong the risk is minimum compared to the potential reward.