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...
EURAUD potential high-probability setup.
Previous downtrend finished early September 2014, since then new higher highs and higher lows formed : back in uptrend.
Area to look for in the blue rectangle.
1/ Trading with the trend
2/ Key level at 1.4580 (narrows)
3/ 50% Retracement
4/ Trend line
Last factor I'm waiting for : 5/ Reversal candles formation (low...