This type of set up always have 90% probability. Impulse correction impulse.
Price can be seen to be making a series of LH and LLs, we wait for price to break either side before following the next trend.
This pair already broke out of the bull flag, breaking out from d rectangle would give a bullish signal.
Best entry will be when price makes a LH by retesting former supply area which also acts as confluence with the broken trendline.
We might still be going to the upside with this pair.
If a breakout occurs on this pair with strong confirmation, we'd be looking at shorting this pair when the market opens
If a breakout occurs with strong confirmation, we'd be looking for shorting positions on this pair.
This pair formed a triple top at supply, I see this pair forming a series of LHs and LLs when the market opens.