USDJPY, Bullish market, 4Hr
Hello everyone,
UJ began its official bullish momentum before the end of last week. Now that price has broken above EMA's and formed a double bottom respecting our demand zones, it will be in everyone's best interest to start looking for ways to enter into the bullish market.
In this idea, I'm projecting that price will begin to reject in 136.300 price area and make a swing down to the next support/demand area on our four hour time frame in the 135.290 price area. If the projections comes true, look to enter the market going long at your own comfort level.
If anyone has any questions, comments, or concerns, please do not hesitate to leave a comment. If this projection is similar to yours or agree with this analysis, please: Share, like, and/or leave a comment.
UJ began its official bullish momentum before the end of last week. Now that price has broken above EMA's and formed a double bottom respecting our demand zones, it will be in everyone's best interest to start looking for ways to enter into the bullish market.
In this idea, I'm projecting that price will begin to reject in 136.300 price area and make a swing down to the next support/demand area on our four hour time frame in the 135.290 price area. If the projections comes true, look to enter the market going long at your own comfort level.
If anyone has any questions, comments, or concerns, please do not hesitate to leave a comment. If this projection is similar to yours or agree with this analysis, please: Share, like, and/or leave a comment.
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