EURUSD 30min Analysis February 24th, 2021

233
Price continues to consolidate around our structure zone, we are waiting for a break in either direction.

Trade Scenario 1: Bullish - For us to go long we need to see price break above 1.2175. We will then wait for a retrace and for 1.2175 to flip as support. Enter on strong bullish setups around this level.

Trade Scenario 2: Bearish - For us to go short we need to see price break below 1.2160. We will then wait for a retrace and for 1.2160 to flip as resistance. Enter on strong bearish setups around this level, first targeting previous lows around 1.2140

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.