Trade Scenario 1: Bullish - For us to go long we need to see price break above our key weekly zone of 1.1910. We will then wait for a retrace and for our weekly to act as support. Enter on strong bullish setups at or above our weekly zone.
Trade Scenario 2: Bearish - For us to go short we want to see price reject off our weekly level of 1.1900, forming a nice double top. Enter on strong bearish setups off this zone, first targeting previous lows 1.1850
Trade Scenario 2: Bearish - For us to go short we want to see price reject off our weekly level of 1.1900, forming a nice double top. Enter on strong bearish setups off this zone, first targeting previous lows 1.1850
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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.