USDJPY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: Every timeframe on UJ is looking very bullish but also pretty steep. We have to be careful when scoping trades.
Ideally we continue bullish and spot some strong bullish confirmations right in this area. Look to target higher toward 125.000 resistance.
Trade scenario 2: For us to really see UJ as bearish we need to see a break of support around 121.250 followed by 120.000
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: Every timeframe on UJ is looking very bullish but also pretty steep. We have to be careful when scoping trades.
Ideally we continue bullish and spot some strong bullish confirmations right in this area. Look to target higher toward 125.000 resistance.
Trade scenario 2: For us to really see UJ as bearish we need to see a break of support around 121.250 followed by 120.000