The U/J made already a long move down and I am anticipating a correction move coming soon.
If the downtrend line on 1H basis can be broken by price, I would wait for a retest of that trend line and if successful enter long.
If the downtrend line on 1H basis can be broken by price, I would wait for a retest of that trend line and if successful enter long.
Since the overall trend is down I would exit the position soon or move the stop very close.