USDJPY Long Idea
Weekly Trend: Bearish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: Overall we’re still very bullish on UJ on all significant timeframes but we’re currently seeing price action pull back on this 4hour timeframe. This is ideally what we want to happen in a bullish trend, wait for the pullback then enter on a confirmed higher low.
In this scenario we will look for entries closer to 109.150 after we can identify a reversal.
Trade scenario 2: For us to consider UJ bearish we need to see this ascending channel break with lower highs below key support levels.
If we see a confirmed lower high below 109.150 then we will consider short opportunities.
Weekly Trend: Bearish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: Overall we’re still very bullish on UJ on all significant timeframes but we’re currently seeing price action pull back on this 4hour timeframe. This is ideally what we want to happen in a bullish trend, wait for the pullback then enter on a confirmed higher low.
In this scenario we will look for entries closer to 109.150 after we can identify a reversal.
Trade scenario 2: For us to consider UJ bearish we need to see this ascending channel break with lower highs below key support levels.
If we see a confirmed lower high below 109.150 then we will consider short opportunities.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.