USDCZK huge potential on the downsideExpect a retest of support in the next few days. Then there will be 2 scenarios :
A) Price bounce marking a double bottom and possible bull run or back to the range
B) Support is broken -> Ideal scenario as this would open up a huge gap to the downside
How to trade it? Well, I have entered on the break of 4H support and will reassess when D support is reached.
Another possibility is to wait until support is reached and then assess there, the R:R will still be great. If using this option u can wait for a long bullish candle to enter long or for a break (or break and retest) to enter short. Theres no right or wrong as long as u follow a plan.
If you have any questions please leave them in comments.
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