UPDATE: Sooo I was clearly wrong on my direction on my yen pairs well audjpy and cadjpy .
I believed they were bearish based on monthly timeframe structure but looking at it on Heiken Ashi I saw that structure was infact bullish .
I was however bullish on USDJPY but now im bullish on all yen pairs.
Here is update on analysis.
So we may see price retrace once it gets to the TP, if it does, we're looking for somewhere around the 50 on the 4hr for potential re entries.
If not, price may just break and retest the level and continue with the bullish momentum.
I believed they were bearish based on monthly timeframe structure but looking at it on Heiken Ashi I saw that structure was infact bullish .
I was however bullish on USDJPY but now im bullish on all yen pairs.
Here is update on analysis.
So we may see price retrace once it gets to the TP, if it does, we're looking for somewhere around the 50 on the 4hr for potential re entries.
If not, price may just break and retest the level and continue with the bullish momentum.