USDJPY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: UJ is overall bullish and is still far away from being considered bearish.
The most likely move is a continuation at confluence near our 38.2% fib level & 140.000 zone.
Look to target higher toward 0% & our -27%.
Trade scenario 2: For us to start looking at UJ more bearishly we would need to see a break below our 140.000 with very convincing structure below.
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: UJ is overall bullish and is still far away from being considered bearish.
The most likely move is a continuation at confluence near our 38.2% fib level & 140.000 zone.
Look to target higher toward 0% & our -27%.
Trade scenario 2: For us to start looking at UJ more bearishly we would need to see a break below our 140.000 with very convincing structure 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.