LONG SIDE SETUPS ONLY LIQUIDITY BELOW : 137.75 SUPPORT STRUCTURE : 136.88 -> 137.35 SUPPORT LOWER STRUCTURE : 135.75 -> 136.65 LIQUIDITY ABOVE : 139.25; 139.75 RESISTANCE STRUCTURE : 140.75 -> 141.20
Weekly scenario:
We expect pullback to one of our defined support structures, where we'll look for entries long. If first support structure is broken, then we focus on entries on the lower support structure. If second support structure is broken, we will move to side lines. If we'll see push from our long side zones, then first TP is 139.75 but over all target is 140.50 -> 141.00
Protection strategy: SL up to 20 pips below support structure is even more then we need, ideal 10 pip below structure