Trade Scenario 1: Bullish - For us to go long we want to see price retrace back to 1.2470. We will then wait for price to find support and enter on strong bullish setups, first targeting previous highs around 1.2530
Trade Scenario 2: Bearish - For us to go short we want to see price break below 1.2470. We will then wait for a retrace and for 1.2470 to act as resistance. Enter on strong bearish setups, first targeting our edge of value around 1.2430
Trade Scenario 2: Bearish - For us to go short we want to see price break below 1.2470. We will then wait for a retrace and for 1.2470 to act as resistance. Enter on strong bearish setups, first targeting our edge of value around 1.2430
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.
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.