USDJPY 4hour Analysis October 31st, 2021
USDJPY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: Clear bullishness here on UJ but we can see on the 4hour that we have a bit of a range forming.
Ideally we continue with the overall bullish trend and enter long after we can see a higher low above the range.
Trade scenario 2: The other trade idea would be to play the range and catch a reversal near the top of the range while targeting the bottom.
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: Clear bullishness here on UJ but we can see on the 4hour that we have a bit of a range forming.
Ideally we continue with the overall bullish trend and enter long after we can see a higher low above the range.
Trade scenario 2: The other trade idea would be to play the range and catch a reversal near the top of the range while targeting the bottom.
Penafian
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