After seeing impulsive pulldown to complete the third touch before spiking to upside under the influence of descending channel. Recommend to take 2 positions NOW, one of which can be closed when prices reached the first TP level while the other one at the second TP level.
Looking into the hourly chart, price is already out of the break of the structure & continuing to consolidate before shooting higher. Daily pips catching could be around 50-100 pips so doing scalp trade would be ideal. Will keep posted with latest news. Stay tuned.
I have been catching pips on this pair & so far gained 175pips in total in the past 2 days. Analysing in weekly chart, descending channel has been formed & broke through the structure. Personally, would recommend short term hold for stable income or holding position between 2 weeks to a month.