SCENARIO 1: Too Many Candles Blocking Our Open Road to Reversal

I have made more money off this pair than any other - it is my favorite to study and trade. That being said, using ATS software and spending most of my Saturday studying the structure I have decided to follow the trend. While I am eagerly awaiting the long breakout, I feel a gut instinct it is still premature to take a long position.
This is one of the ways I could see the pattern unfolding if the spread increases. We will see sharp highs and lows.
Let me know what you think - criticism is always welcome :)