Potential upcoming high-probability setup.
1/ With the trend (looking at the big picture)
2/ Key level at around 140.00 - 140.30
3/ 61.8% retracement
Waiting for 4/ Reversal candles and change in trend on lower timeframes (trend change on lower timeframes = new run on the higher timeframes).
First level to look at for profits : 143.00 ; but could be potentially broken to the upside ; stop loss will have to be smartly managed.
1/ With the trend (looking at the big picture)
2/ Key level at around 140.00 - 140.30
3/ 61.8% retracement
Waiting for 4/ Reversal candles and change in trend on lower timeframes (trend change on lower timeframes = new run on the higher timeframes).
First level to look at for profits : 143.00 ; but could be potentially broken to the upside ; stop loss will have to be smartly managed.
