We a significant break of the bearish trendline, and subsequent high momentum bearish leg, we are interested to go long here, however we must wait for bulls to run out of gas and give us a better price in a form of a bullish flag or ideally a bullback to the previous market structure.. We will engage into this pair only if we have a confirmation.
We see signaficant breal of the Bearish trendline.. and the price violating the bearish trend structure and start forming higher highs and lower highs to signify the UPTREND, I am interested to go long here provided that the price gives me a pullback a bullish flag.
The aggressive break on the bearish trendline followed by a high momentum bullish rally is enough to form an idea for a bullish reversal.. And on top of that we have a pullback to the previous resistance turned support.. we should just be looking out for a confirmation in a form of a candlistic pattern, Ideally on 1H time frame.