USDJPY 30min Analysis February 9th, 2021
Price is consolidating at our key structure zone and weekly level.
Trade Scenario 1: Bullish - For us to go long we need to see price break above 104.700. We will then wait for a retrace and for 104.700 to act as support. Enter on strong bullish setups.
Trade Scenario 2: Bearish - For us to go short we need to see price break below 104.500. We will then wait for a quick retrace and for 104.500 to act as resistance. Enter on strong bearish setups, first targeting the next key weekly around 104.200
Trade Scenario 1: Bullish - For us to go long we need to see price break above 104.700. We will then wait for a retrace and for 104.700 to act as support. Enter on strong bullish setups.
Trade Scenario 2: Bearish - For us to go short we need to see price break below 104.500. We will then wait for a quick retrace and for 104.500 to act as resistance. Enter on strong bearish setups, first targeting the next key weekly around 104.200
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.
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.