EURJPY 30min Analysis February 23rd, 2021
Trade Scenario 1: Bullish - Price is starting to break above our structure zone of 128.00. We want to see price find support at our above 128.00. We will look to enter long on bullish setups off this zone, first targeting 128.300
Trade Scenario 2: Bearish - For us to go short we need to see price fall below our structure zone. We will then wait for a clear LH and for 128.00 to act as resistance once again.
Trade Scenario 2: Bearish - For us to go short we need to see price fall below our structure zone. We will then wait for a clear LH and for 128.00 to act as resistance once again.