GBPUSD 30min Analysis February 3rd, 2021
Price is still in a strong downtrend but we are close to our demand zone of 1.3610.
Trade Scenario 1: Bearish - For us to go short we need to wait for another clear LH. Our strongest zone will be a retrace back to 1.3660. We will then look for strong bearish setups off this zone to go short.
Trade Scenario 2: Bullish - For us to go long we need to see price find support around our demand zone of 1.3610. This will form a nice double bottom to enter on. We will wait for a bit of consolidation to form and enter on strong bullish setups.
Trade Scenario 1: Bearish - For us to go short we need to wait for another clear LH. Our strongest zone will be a retrace back to 1.3660. We will then look for strong bearish setups off this zone to go short.
Trade Scenario 2: Bullish - For us to go long we need to see price find support around our demand zone of 1.3610. This will form a nice double bottom to enter on. We will wait for a bit of consolidation to form and enter on strong bullish 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.