Trade Scenario 1: Bullish - For us to go long we want to see price retrace back to our structure zone of 129.900. We will then wait for price to find support and enter on strong bullish setups, first targeting 130.400
Trade Scenario 2: Bearish - For us to go short we need to see price break below 129.900. We will then wait for a retrace and for 129.900 to flip as resistance, first targeting 129.500.
Trade Scenario 2: Bearish - For us to go short we need to see price break below 129.900. We will then wait for a retrace and for 129.900 to flip as resistance, first targeting 129.500.