EURJPY 30min Analysis January 13th, 2021
Price has been in a strong downtrend for the week but we are within our demand zone and key weekly level and price is starting to find support.
Trade Scenario 1: Bullish - For us to go long we need a break of structure and price to push above 126.600 with conviction. We will then look for a retrace and for 126.600 to flip as support.
Trade Scenario 2: Bearish - For us to go short we need to see price break below our key weekly level of 126.234. We will then wait for a retest and for the weekly level to flip as resistance. Enter on strong bearish setups.
Trade Scenario 1: Bullish - For us to go long we need a break of structure and price to push above 126.600 with conviction. We will then look for a retrace and for 126.600 to flip as support.
Trade Scenario 2: Bearish - For us to go short we need to see price break below our key weekly level of 126.234. We will then wait for a retest and for the weekly level to flip as resistance. Enter on strong bearish setups.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.