EURJPY 30min Analysis February 3rd, 2021
Trade Scenario 1: Bearish - For us to go short we will wait for price to retrace back to our structure zone of 126.600. We will then look for price to reject off that area. Look to enter on strong bearish setups.
Trade Scenario 2: Bullish - For us to go long we would like to see price push past our key structure zone of 126.600. We will then wait for a retrace and for 126.600 to flip as support.
Trade Scenario 2: Bullish - For us to go long we would like to see price push past our key structure zone of 126.600. We will then wait for a retrace and for 126.600 to flip as support.
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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.