USDJPY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bearish
4hour Trend: Bullish
Trade scenario 1: We’re looking very bullish this week on UJ as well but we want to play this one safe. Look for our next higher low above 111.500 before entering long.
Trade scenario 2: For us to consider UJ bearish we would need to see a lower high below 111.500 with strong bearish setups we can enter short on.
Weekly Trend: Bullish
Daily Trend: Bearish
4hour Trend: Bullish
Trade scenario 1: We’re looking very bullish this week on UJ as well but we want to play this one safe. Look for our next higher low above 111.500 before entering long.
Trade scenario 2: For us to consider UJ bearish we would need to see a lower high below 111.500 with strong bearish setups we can enter short on.