If price impulses down, it does so in a convincing manner and a subsequent tight one hour flag forms, then I’ll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
If there’s any ambiguity then I will not place a trade on this pair.
I rarely look at this pair tbh. 