if i may...
i think this pair is just about ripe for an upmove.
i've mentioned in the recent past that i see possibility of 1.58 - 1.60 sooner or later.
IB/I4B-wise, u can put a buy stop above the previous candle high & sell stop below prior candle's low.
u can alternatively wait for PA, say a nice PA setup as 1.5600 acts as support. or a bearish PA down below this IB.
....or a PA setup on a lower timeframe.
it really depends on your taste.
nice to see u again..
i prefer gbpusd over this one.
eurusd may have a chance to reach 1.298ish - 1.30 or more. but i would be very careful & alert as price trend has been down, for the whole week prior.