Better if we can close it before NFP.
Should go a bit further down. D1 supports the short idea in H1.
Uptrend is not established yet. But all the exhibits suggest the price will go a bit up further. Buy on market and SL at bottom of pink line.
This is H1 idea. Static KS should be the target to buy. Buy on level 1 signal, ie reversal sign after retracement. SL below last low that will be formed.
This is D1 chart, if you play take care about the SL.
A potential sell if a long red candle shows up, i.e engulfing.
Price closed above TS a couple of candles ago, AO is green. its a level 3 signal.
We need a reversal sign before we can buy.
A level 4 signal to go short will be given if this current large red candle closes like this
A deep retracement seems imminent to me. Buy once near static KS.
Safer once retraced to pink zone and reversal sign is seen.
We just need a bit further retracement and a reversal signal.
May be not too far. Sell only on reversal signal.