Here is a set-up involving a strategy I have been testing The strategy is a mix of price, structure & cycles.
We should retrace back the 1170 area & from there we should close the gap. I believe EURO -0.39% is running low on fuel for the moment, it seems now it is time to retrace and possibly close the gap on EXY.
**You can zoom in on the chart & look into all the levels**