USD/JPY Ichimoku Trade Idea
This pair is in a bit of a transitional period, with both the daily and the 4 hour chart hanging out in the cloud right now. On the 4 hour we are looking bearish so I will look for a bearish entry. If we can get a bearish kumo breakout and the rest of our confirmations hold, I will look to enter a sell at 112.41, targeting 111.79 If our bearish confirmations change, this trade will be invalidated.
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.