AUDJPY 30min Analysis February 3rd, 2021
Trade Scenario 1: Bearish - Price is at our key structure zone of 80.200. We are looking for price to reject and consolidate around this zone. We will look to enter on strong bearish setups or momentum out of this zone.
Trade Scenario 2: Bullish - For us to go long we need to see price break above our key zone of 80.200 with conviction. We will then wait for a retrace and for 80.200 to flip as support. Enter on strong bullish setups.
Trade Scenario 2: Bullish - For us to go long we need to see price break above our key zone of 80.200 with conviction. We will then wait for a retrace and for 80.200 to flip as support. Enter on strong bullish setups.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.