USDJPY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: The 4hour is looking bearish but we still have a lot of resistance near 114.150.
Ideally, price action breaks and forms a higher low above 114.150 so we can enter long.
Trade scenario 2: For us to consider UJ bearish we first would need to see price action head back toward 112.700 support.
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: The 4hour is looking bearish but we still have a lot of resistance near 114.150.
Ideally, price action breaks and forms a higher low above 114.150 so we can enter long.
Trade scenario 2: For us to consider UJ bearish we first would need to see price action head back toward 112.700 support.
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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.