Personally, I want wait until next week to take his trade. However price action on lower TFs are setting up to make this a nice potential entry area. If entering now, be cautious of the low liquidity of the end of the week.
Support has been found & based on my high TF analysis, this is an opportune swing trade. Enjoy!
I'm expecting price to pullback up to 1.2320-ish area & expect a bearish engulfing on the 30 min timeframe. If price goes beyond 1.2340, this trade is invalid & will wait for another entry.
Just a simple, quick counter trend trade, will probably most my SL in profit half way up & see how price action goes from there.