Trade Scenario 1: Bullish - For us to go long we want to see price break above 109.00. We will then wait for a retrace and for 109.00 to flip as support. Enter on strong bullish setups, first targeting 109.200
Trade Scenario 2: Bearish - For us to go short we want to see price reject off 108.950. We will then enter on strong bearish setups, first targeting our edge of value at 108.700
Trade Scenario 2: Bearish - For us to go short we want to see price reject off 108.950. We will then enter on strong bearish setups, first targeting our edge of value at 108.700
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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.