USDJPY Bearish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1: UJ is looking very bearish lately and currently we are at a low, just below 140.500 resistance.
Going into this week we want to continue the overall bearish trend but we need to see something clear.
Ideally, price action rejects 140.500 with convincing bearish variations we can enter short on. Look to target lower toward 137.000 support.
Trade scenario 2: For us to consider UJ bullish again we would need to see a break above 140.500 with a confirmed higher low above.
Weekly Trend: Bearish
Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1: UJ is looking very bearish lately and currently we are at a low, just below 140.500 resistance.
Going into this week we want to continue the overall bearish trend but we need to see something clear.
Ideally, price action rejects 140.500 with convincing bearish variations we can enter short on. Look to target lower toward 137.000 support.
Trade scenario 2: For us to consider UJ bullish again we would need to see a break above 140.500 with a confirmed higher low above.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.