USDJPY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: Looking bullish overall and we’re currently seeing no signs of slowing down.
The most likely scenario is that we continue bullish without structure. It looks like at most we may see a higher low near 139.000 before continuing higher.
Trade scenario 2: For us to even think about looking for shorts on UJ we need to see a significant break below 137.000 with a lower high below.
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: Looking bullish overall and we’re currently seeing no signs of slowing down.
The most likely scenario is that we continue bullish without structure. It looks like at most we may see a higher low near 139.000 before continuing higher.
Trade scenario 2: For us to even think about looking for shorts on UJ we need to see a significant break below 137.000 with a lower high below.
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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.
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.