GBPJPY 30min Analysis February 1st, 2021
Price had a strong rejection at the top of our larger ascending channel and is at our key weekly level at 143.300
Trade Scenario 1: Bearish - For us to go short we want to see price break below our key weekly and the 30min 200MA. We will then wait for a retrace and for our key weekly level to flip as resistance. Enter on strong bearish setups.
Trade Scenario 2: Bullish - For us to go long we want to see price find support at our key weekly level. We can aggressively enter on strong bullish setups off the weekly or we can wait for a break and retest around 143.600. First targeting previous highs around 144.00
Trade Scenario 1: Bearish - For us to go short we want to see price break below our key weekly and the 30min 200MA. We will then wait for a retrace and for our key weekly level to flip as resistance. Enter on strong bearish setups.
Trade Scenario 2: Bullish - For us to go long we want to see price find support at our key weekly level. We can aggressively enter on strong bullish setups off the weekly or we can wait for a break and retest around 143.600. First targeting previous highs around 144.00
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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.