This chart explains what the plan is for this pair. Nothing is happening yet but I am watching to see if there is a trend change. I am looking to find the end of the trend. The reason there is circles around entry and stop loss areas because this all depends on the trader how aggressive they want to be in entry or in exit. I won't know exactly what price to enter at but if it goes as planned I would follow the plan. If breaks down from this area the idea would be null and I would leave it until I see something new to indicate a change.