Price has been in a correction on the H4 timeframe since last Friday.
Following the Elliot wave correction, and price cycle for the week, Price was bearish Monday, bullish on Tuesday, Wednesday and Today (Thursday). I am expecting a bearish Friday. As confluence, price action is currently in the last phase of the correction.
I would be watching to sell with confirmation in price action.
My target is 145pips to 1.23056.