Potential 400Pips+ rallyScenario 1: Potential Buy Setup
We'll monitor the price action at the 155.78 level. If price breaks and closes above this level, it could signal bullish momentum. In that case, we’ll wait for a pullback into a discount zone within the rally before entering a buy position, targeting 159.90 for 400+pips
Scenario 2: Potential Sell Setup
Alternatively, if the price breaks and closes below 154.31, it could indicate bearish pressure. We'll then wait for a retracement into the premium zone of the rally to position for a sell, with a target at 152.05. for 260+pips
This setup will be updated as the market develops, so stay tuned for precise entry points. Keep your risk management in check, and let the market come to you!