GBPUSD-Weekly Market Analysis-Oct22,Wk2

GBPUSD on its daily chart reversed on the Key Resistance level. Counter-Trend traders could wait for a 3-bar reversal on the dotted blue line.

However, that is NOT good enough for me. I will need to see a Double Bottom with an RSI Divergence before I'm interested to engage in the trade.

What is the condition you need for you to get on a counter-trend trading setup like this?