GBPJPY 30min Analysis February 1st, 2021

177
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

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.