USDJPY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: We are still clearly super bullish on UJ and going into this week it’s not looking any different.
Ideally, we continue bullish where we will look to enter long on structure forming higher lows. Closer to 61.8% fib level the better.
Trade scenario 2: For us to consider UJ bearish we would need to see a break back below 136.500 first.
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: We are still clearly super bullish on UJ and going into this week it’s not looking any different.
Ideally, we continue bullish where we will look to enter long on structure forming higher lows. Closer to 61.8% fib level the better.
Trade scenario 2: For us to consider UJ bearish we would need to see a break back below 136.500 first.
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.
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.