For this pair we are on the sell bias, but it can potentially also go up to retest the resistance as it also broke out of a falling wedge but did not complete the full structure.
If we see a buy opportunity we will not take it. If we see strong bearish pressure we will place short trades
The pair is at a support area but has also broken out of an uptrend.
What we are looking for is for the pair to bounce off the support, create a lower high, and retest the broken trend, then go all the way to the bottom.
Remember to minimize your risk - it is better to make $5 in a day than lose $50 in an hour.