EUR/GBP descending channel

looking again at this descending channel on the 1hr for the eur/gbp. looks like the pair has already come to a slow for now and there is some indecision. i am waiting and hoping for a bounce to profit off this pair once again. how ever this would have been a pretty long channel for a 1hr frame so a breakout is possible. i would suggest waiting for a solid indicator from pr along with your stoch before jumping in