On the 1H, we're getting a nice little rising wedge with repeated tests of 186.00:
... So it might be worth a few pips just to play a bounce off 186.00 ... . The alternative is to potentially wait for either (1) a 8/34 EMA cross on the 1H or (2) a break of the rising trendline at 185.00-ish. Me personally, I would favor a retrace off of 186.00 or the 1H EMA cross; if you wait for the break of 185.00, most of the move may already have played out .... .
... So it might be worth a few pips just to play a bounce off 186.00 ... . The alternative is to potentially wait for either (1) a 8/34 EMA cross on the 1H or (2) a break of the rising trendline at 185.00-ish. Me personally, I would favor a retrace off of 186.00 or the 1H EMA cross; if you wait for the break of 185.00, most of the move may already have played out .... .
Fireworks are fun ... as long as you don't blow your fingers off.