Trade Scenario 1: Bullish - For us to go long we can aggressively enter on a strong bullish setup on this hourly close, or we wait for price to break above 84.470. We will then wait for a retrace and for 84.470 to act as support. Enter on strong bullish setups, first targeting 84.650
Trade Scenario 2: Bearish - For us to go short we need to see price break below out edge of value at 84.350. We will then wait for price to retrace and for 84.350 to flip as resistance. Enter on strong bearish setups, first targeting 84.100.
Trade Scenario 2: Bearish - For us to go short we need to see price break below out edge of value at 84.350. We will then wait for price to retrace and for 84.350 to flip as resistance. Enter on strong bearish setups, first targeting 84.100.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.