Trade Scenario 1: Bullish - For us to go long we want to see price break above our edge of value at 1.3865. We will then wait for a retrace and for 1.3865 to act as support and enter on strong bullish setups, first targeting point of control at 1.3890
Trade Scenario 2: Bearish - For us to go short we want to see price reject off our edge of value at 1.3865. We can enter on strong bearish setups or wait for a double top and enter on the second rejection. We will first be targeting our point of control around 1.3820
Trade Scenario 2: Bearish - For us to go short we want to see price reject off our edge of value at 1.3865. We can enter on strong bearish setups or wait for a double top and enter on the second rejection. We will first be targeting our point of control around 1.3820
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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.