USDJPY Bearish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bearish
Trade scenario 1: On the higher time frames UJ is still very bullish while the 4hour is newly bearish.
We saw this 4hour trend change once the support of the prior range near 129.600 was broken. From here we’re looking for lower highs and structure to continue bearish for confident short positions.
Trade scenario 2: For us to consider UJ bullish again we ideally need to see a break back into the range. Look for higher lows above the range for confident long positions.
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bearish
Trade scenario 1: On the higher time frames UJ is still very bullish while the 4hour is newly bearish.
We saw this 4hour trend change once the support of the prior range near 129.600 was broken. From here we’re looking for lower highs and structure to continue bearish for confident short positions.
Trade scenario 2: For us to consider UJ bullish again we ideally need to see a break back into the range. Look for higher lows above the range for confident long positions.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.