USDJPY Neutral Idea
Weekly Trend: Bullish
Daily Trend: Bearish
4hour Trend: Bullish
Trade scenario 1: UJ turned bullish at the end of last week and closed with huge bullish momentum. To enter on this potential move we need more data, if we do continue with this new bullish trend it’s ideal that we see a higher low clearly above the prior area of consolidation.
Trade scenario 2: For us to consider short scenarios we need a lower high below 110.000 with strong bearish setups to follow.
Weekly Trend: Bullish
Daily Trend: Bearish
4hour Trend: Bullish
Trade scenario 1: UJ turned bullish at the end of last week and closed with huge bullish momentum. To enter on this potential move we need more data, if we do continue with this new bullish trend it’s ideal that we see a higher low clearly above the prior area of consolidation.
Trade scenario 2: For us to consider short scenarios we need a lower high below 110.000 with strong bearish setups to follow.