GBPUSD 30min Analysis January 29th, 2021
Price is pushing to the upside but is at our key resistance zone once again.
Trade Scenario 1: Bearish - For us to go short we want to see price reject off our structure zone of 1.3740. We will look to enter on strong bearish setups, first targeting 1.3690.
Trade Scenario 2: Bullish - For us to go long we want to see price break above 1.3740 with conviction. We will then wait for a retrace and for 1.3740 zone to act as support. Wait for a clear HL to form and enter on strong bullish setups.
Trade Scenario 1: Bearish - For us to go short we want to see price reject off our structure zone of 1.3740. We will look to enter on strong bearish setups, first targeting 1.3690.
Trade Scenario 2: Bullish - For us to go long we want to see price break above 1.3740 with conviction. We will then wait for a retrace and for 1.3740 zone to act as support. Wait for a clear HL 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.