On the 1 hour, we saw prices move bearish, all the way down to hit our 1 hour liquidity target. With that target hit, we have seen prices begin to pullback bullish. We expect prices to come all the way up, into the zone marked above. From there we will look to see a reversal, and there will come out next selling opportunity on this pair.
For perspective on the large timeframes, take a look at the notes on the chart