Trade Scenario 1: Bullish - Price is in a strong uptrend just broke our key weekly level. We are now waiting for a quick pullback to 82.07. We will look to enter long on strong bullish setups off the weekly level.
Trade Scenario 2: Bearish - For us to go short we need to see price break below 81.950 with conviction. We will then wait for a retrace and for a rejection off 81.950.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.