CADJPY 30min Analysis January 28th, 2021
Price is in a strong downtrend and is respecting the 30min 200MA as resistance but also respecting our demand zone of 81.150.
Trade Scenario 1: Bearish - For us to go short we want to see price reject off the 30min 200MA once again. We will enter short on strong bearish setups around 81.450.
Trade Scenario 2: Bullish - For us to go long we need to see price push above the 30min 200MA. We will then wait for a retrace and for 81.450 to flip as support. Enter on strong bullish setups.
Trade Scenario 1: Bearish - For us to go short we want to see price reject off the 30min 200MA once again. We will enter short on strong bearish setups around 81.450.
Trade Scenario 2: Bullish - For us to go long we need to see price push above the 30min 200MA. We will then wait for a retrace and for 81.450 to flip as support. Enter on strong bullish setups.
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.