Trade Scenario 1: Bullish - For us to go long we need to see price break above 1.1875. We will then wait for a retrace and for 1.1875 to flip as support. Enter on strong bullish setups, first targeting our edge of value and previous highs around 1.1910
Trade Scenario 2: Bearish - For us to go short we want to see price break below 1.1860. We will then wait for a retrace and for 1.1860 to act as resistance. Enter on strong bearish setups, first targeting our point of control at 1.1825
Trade Scenario 2: Bearish - For us to go short we want to see price break below 1.1860. We will then wait for a retrace and for 1.1860 to act as resistance. Enter on strong bearish setups, first targeting our point of control at 1.1825