- Price is respecting the
- D Leg completes just under the .
- High probability of extended targets
- Price action showing strong trend to the upside making higher highs and higher lows at each cycle.
For this example, I've placed two targets levels. For this setup, I think targets can be extended further up if your trade plan allows for this adjustment.
**Note: If you flip to the weekly, you will see that price is now at an important structure level. Without going into too much detail, we could see a huge breakout to the upside. If price is rejected at the key on the weekly, then at least we've bag some pips from the Setup :)
As always there are multiple ways to enter this setup.