ForexLeague

USDJPY 4hour Analysis December 12th, 2021

FX:USDJPY   Dollar A.S. / Yen Jepang
USDJPY Neutral Idea

Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bearish

Trade scenario 1: Overall we are mainly bullish on the higher timeframes but we’ve seen a very strong 4hour bearish trend lately.

The unfortunate thing is we’re seeing a ton of traffic on this pair with tons of consolidation and s/r levels in the area.

To play this safely we’re looking for higher lows above 114.150

Trade scenario 2: The same goes for the bearish scenario, we need to see a lower high below 112.700.

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.