Trade Scenario 1: Bullish - For us to go long we want to see price break above 1.4000. We will then wait for a retrace and for 1.4000 to flip as support. Enter on strong bullish setups, first targeting 1.4040
Trade Scenario 2: Bearish - For us to go short we want to see price break below 1.3956. We will then wait for a retrace and for 1.3956 to act as resistance. Enter on strong bearish setups, first targeting our edge of value at 1.3920
Trade Scenario 2: Bearish - For us to go short we want to see price break below 1.3956. We will then wait for a retrace and for 1.3956 to act as resistance. Enter on strong bearish setups, first targeting our edge of value at 1.3920
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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.