Trade Scenario 1: Bullish - For us to go long we want to see price break above 1.2480. We will then wait for a retrace and for 1.2480 to flip as support. Enter on strong bullish setups, first targeting our edge of value around 1.2520
Trade Scenario 2: Bearish - For us to go short we want to see price break below 1.2460. We will then wait for a retrace and for 1.2460 to flip as resistance. Enter on strong bearish setups, first targeting 1.2420
Trade Scenario 2: Bearish - For us to go short we want to see price break below 1.2460. We will then wait for a retrace and for 1.2460 to flip as resistance. Enter on strong bearish setups, first targeting 1.2420
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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.