EURUSD: Running Channel

Context
It has occurred to me over the past few weeks that EURUSD has always been in a position to buy, probably due to external influences and invalid correlation. My market sentiment has since changed after redrawing the structures of this pair.

https://www.tradingview.com/x/gPaSrL1z/
This is the weekly chart of EURUSD as of February 9.

General Consensus
Wait. The impulse is still ongoing, and it would not be a good move to enter the market right now.

Steps To Take

Wait for the impulse wave to end
Look out for a correction phase or bear flag
Wait for an entry