Trade Scenario 1: Bullish - For us to go long we want to see price break above 152.700. We will then wait for a retrace and for 152.700 to act as support. Enter on strong bullish setups, first targeting our edge of value around 153.100.
Trade Scenario 2: Bearish - For us to go short we want to see price break below our edge of value at 152.500. We will then wait for a retrace and for 152.500 to act as resistance. Enter on strong bearish setups, first targeting around 152.100.
Trade Scenario 2: Bearish - For us to go short we want to see price break below our edge of value at 152.500. We will then wait for a retrace and for 152.500 to act as resistance. Enter on strong bearish setups, first targeting around 152.100.
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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.