LONG
1. HH HL market structure
2. Trendline rejection
3. 1H breakout of range (Entry confirmation)
4. Potential wickfill on 1H candle
5. Bullish MAs
6. Strong rejection off 149.500 level, always multi-days impulsive push
AGAINST
1. HTF Bearish structure
2. Technically hasnt broken 4h Market structure... Closure above 151.300 would signify proper break of 4H structure.
I'm currently looking at price at least tapping into 151.000 level. Only big confirm is the Jackson Hole Symposium which may be the reason why past 2 days market has been really stagnating.