H4 - Triple cycle with double waves inside. We also have bullish divergence.
D1- Price has reached the magnet zone.
H1- We have a false break if we get a breakout above the last high, look for correction and once the correction completes itself, we can start looking for buys.
The breakout of the last high will also create higher highs for us.
I expect the pair to move further down before continuing up. I'm following this intraday sell setup on the m15 chart. If we get a double wave up with bullish divergence at the end near the trend line I will short the pair. Setup is invalidated once the up trend line is broken up.
