GBPJPY 30min Analysis January 21st, 2021
Price is currently at our supply zone testing for the 3rd time today.
Trade Scenario 1: Bullish - For us to go long we need to see price break above our supply zone of 142.200. We will then wait for a retrace and for 142.200 to flip as support. Enter on strong bullish setups.
Trade Scenario 2: Bearish - For us to go short we need to see price breakdown below our supporting trend line and 141.900. We will then wait for a quick retest and for 141.900 to flip as resistance.
Trade Scenario 1: Bullish - For us to go long we need to see price break above our supply zone of 142.200. We will then wait for a retrace and for 142.200 to flip as support. Enter on strong bullish setups.
Trade Scenario 2: Bearish - For us to go short we need to see price breakdown below our supporting trend line and 141.900. We will then wait for a quick retest and for 141.900 to flip as resistance.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.