Trade Scenario 1: Bullish - For us to go long we want to see price retrace back to 1.3810. We will then wait for price to find support and enter on strong bullish setups, first targeting our edge of value around 1.3850
Trade Scenario 2: Bearish - For us to go short we want to see price fall below 1.3810. We will then wait for a retrace and for 1.3810 to act as resistance. Enter on strong bearish setups, first targeting previous lows around 1.3760
Trade Scenario 2: Bearish - For us to go short we want to see price fall below 1.3810. We will then wait for a retrace and for 1.3810 to act as resistance. Enter on strong bearish setups, first targeting previous lows around 1.3760