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On the daily chart we have been breaking bear fractals. Unless we close above this zone on the daily my bias will remain short.
A pinbar has formed at the top of the ichimoku cloud. Entry order placed below the pin bar with stop loss just above the pinbar wick.
Entered this trade @ 1.06597 after the bullish engulfing candle at the trend line, a close above the bullish fractal would be a great sign and may confirm the start of a run up to the trend line resistance.
Currently sitting on the trend line, look for a close above the 1.0667 level to go long.
Price is testing the trend line support, will drop down to the 4 hour to find an entry