EURUSD 30min Analysis March 3rd, 2021
Trade Scenario 1: Bullish - For us to go long we want to see price find support at our structure zone of 1.2060. We will then look to enter on strong bullish setups off this zone, first targeting previous highs around 1.2110.
Trade Scenario 2: Bearish - For us to go short we need to see price fall below our structure zone fo 1.2060. We will then wait for a retrace and for 1.2060 to flip as resistance. Enter on strong bearish setups, first targeting previous lows around 1.2010
Trade Scenario 2: Bearish - For us to go short we need to see price fall below our structure zone fo 1.2060. We will then wait for a retrace and for 1.2060 to flip as resistance. Enter on strong bearish setups, first targeting previous lows around 1.2010
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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.