On the left hand side , the price started the behavior on the 78.6 retracement level for the overall wave as shown on chart. As it formed two major candles.
That was not enough for me to initiate the trade so i moved to the lower time frame(4-hour) for the final confirmation. The price has indeed broken back below the prior high at 1.2868 and below the candle. That was accompanied by divergence on and that assured that the trade is a high probability one.
If you were following my updates on the channel, you would know that i put a limit short order as shown on chart. The targets was just reached minutes ago for 157 pips gain. Adding to my account 4.37% gain this month.
Best of luck and keep posted.