USDCAD 30min Analysis January 20th, 2021
Price is back at our support zone and just below our 30min 200MA.
Trade Scenario 1: Bearish - For us to go short we need to see price reject off the 30min 200MA. We will then look to enter off strong bearish setups, first targeting our next key structure zone of 1.2670
Trade Scenario 2: Bullish - For us to go long we need to see price break above 1.2720 and the 200MA. We will then wait for a quick retest and for 1.2720 to act as support. Enter on strong bullish setups.
Trade Scenario 1: Bearish - For us to go short we need to see price reject off the 30min 200MA. We will then look to enter off strong bearish setups, first targeting our next key structure zone of 1.2670
Trade Scenario 2: Bullish - For us to go long we need to see price break above 1.2720 and the 200MA. We will then wait for a quick retest and for 1.2720 to act 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.