EURUSD 30min Analysis February 16th, 2021
Price had a strong push to the upside during the asian session last night and is now at our key structure zone.
Trade Scenario 1: Bullish - For us to go long we need to see price break above 1.2175. We will the wait for a retrace and for 1.2175 to act as support. Enter on strong bullish setup around this zone.
Trade Scenario 2: Bearish - For us to go short we want to see price reject off our structure zone. Ideally we would like to see a little consolidation here or some formation like a double top. We will then look to enter short on strong bearish setups. First targeting previous lows around 1.2130
Trade Scenario 1: Bullish - For us to go long we need to see price break above 1.2175. We will the wait for a retrace and for 1.2175 to act as support. Enter on strong bullish setup around this zone.
Trade Scenario 2: Bearish - For us to go short we want to see price reject off our structure zone. Ideally we would like to see a little consolidation here or some formation like a double top. We will then look to enter short on strong bearish setups. First targeting previous lows around 1.2130
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.