Price has broken out of our descending trendline, created a higher high, and broken above previous resistance level
, therefore we are now changing trends and bullish
on this pair on the daily timeframe
, before entering longs I am looking for price to retrace into this 38.2 fib level where we have a few areas of confluences (structure level, 50EMA) and looking for a confirmation candlestick
to enter long.