Very clean price action. Waiting for its correction to develop. Should be ready monday or tuesday. 1st target 75pips. 2nd target 165 pips. Simple clean trade.
Overall trend is to the downside from the higher timeframe structure. Dropping down to the one hour, price has broken it's ascending channel with the flag pattern and is making its way to the downside. Looking at it possibly popping up slightly to my ray line before taking a short entry. If it goes without coming back up then so be it, let it go.
Let the pair trickle down before looking for long opportunities. Looking at a short-medium term buy for the 1st target. Or a long term swing trade for the 2nd target.
Don't rush into it, let the trade come to you. Waiting for clear deceleration at the top of pattern before looking to take a short. Possibly ready early next week.
A lot of room to the downside