AUDJPY 1hour Analysis December 21st, 2020
Price has printed a strong bearish engulfing on the 1h timeframe, followed by further bearish pressure through the 200MA.
Trade Scenario 1: Bullish - For us to go long we will need to see price form support at our current demand zone of 78.20. Enter on strong bullish candles/variations.
Trade Scenario 2: Bearish - For us to go short we will need to see price break through 78.20 with conviction. We will then look for a retrace and for the 78.20 zone to flip as resistance. Enter on strong bearish candles/variations.
Trade Scenario 1: Bullish - For us to go long we will need to see price form support at our current demand zone of 78.20. Enter on strong bullish candles/variations.
Trade Scenario 2: Bearish - For us to go short we will need to see price break through 78.20 with conviction. We will then look for a retrace and for the 78.20 zone to flip as resistance. Enter on strong bearish candles/variations.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.