Price has been creating new lows on the H1 & H4 timeframes and has recently changed character and broke the newly created high hence why I'll be looking for possible entry points to the upside. The analysis is also based on the fact that there's a fair value gap that hasn't been filling thus my profit target will be that gap.
Because price has recently made a change of character on the daily timeframe to the upside, we are looking for short positions (1.23785 resistance) which will take us to the buy's order block (between 1.17160-1.16450 levels) where we will now take long positions after the reaction/confirmation from the OB.