EURJPY 30min Analysis March 3rd, 2021
Trade Scenario 1: Bullish - Price is rebounding off our key weekly. We will look to enter long on a strong bullish close on this 1h candle, first targeting previous highs around 129.400.
Trade Scenario 2: Bearish - For us to go short we need to see price break below our weekly level of 129.00. We will then wait for a retrace and for 129.00 to flip as resistance.
Trade Scenario 2: Bearish - For us to go short we need to see price break below our weekly level of 129.00. We will then wait for a retrace and for 129.00 to flip as resistance.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.