USDJPY 30min Analysis February 24th, 2021
We have a nice doublet bottom at our structure zone of 105.800. We are looking to continue the bullish trend into our next key weekly level.
Trade Scenario 1: Bullish - For us to go long we are looking for a quick break and retest of 105.975. We will look to enter on strong bullish setups at this level, first targeting the next key weekly at 106.170
Trade Scenario 2: Bearish - For us to go short we can aggressively enter on a double top at 106.00 or we wait for a strong bearish push below 105.800. We will then wait for a retrace and for 105.800 to flip as resistance.
Trade Scenario 1: Bullish - For us to go long we are looking for a quick break and retest of 105.975. We will look to enter on strong bullish setups at this level, first targeting the next key weekly at 106.170
Trade Scenario 2: Bearish - For us to go short we can aggressively enter on a double top at 106.00 or we wait for a strong bearish push below 105.800. We will then wait for a retrace and for 105.800 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.