Trade Scenario 1: Bullish - For us to go long we want to see price retrace back to our edge of value 130.100. We will then wait for price to find support and enter on strong bullish setups, first targeting our edge of value 130.400.
Trade Scenario 2: Bearish - For us to go short we want to see price break below 130.100. We will then wait for a retrace and for 130.100 to act as resistance. Enter on strong bearish setups, first targeting our point of control around 129.850.
Trade Scenario 2: Bearish - For us to go short we want to see price break below 130.100. We will then wait for a retrace and for 130.100 to act as resistance. Enter on strong bearish setups, first targeting our point of control around 129.850.