GBPJPY 30min Analysis February 8th, 2021
Price is currently consolidating around our key weekly level of 144.580.
Trade Scenario 1: Bullish - For us to go long we want to see price push to the upside above 144.640. We will then look for a quick retest and for price to bounce off 144.640. Enter on strong bullish setups.
Trade Scenario 2: Bearish - For us to go short we need to see price fall below our key weekly of 144.580. We will then wait for a retrace and for 144.580 to act as resistance. Enter on strong bearish setups.
Trade Scenario 1: Bullish - For us to go long we want to see price push to the upside above 144.640. We will then look for a quick retest and for price to bounce off 144.640. Enter on strong bullish setups.
Trade Scenario 2: Bearish - For us to go short we need to see price fall below our key weekly of 144.580. We will then wait for a retrace and for 144.580 to act as resistance. Enter on strong bearish setups.
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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.