The price retraced to 61.8 Fib and the whole idea to take long position is bullish flag breakout on 4H TF. I am showing daily chart so you can see that the target of this bullish flag is in daily major supply. The key level to take out in bullish case is 1.4355. 1H TF has clear inv. H&S in play. I would take close below the nech line 1.4163 as invalidation of the idea.