The short term market consensus for USD/JPY have change
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The short term market consensus for USD/JPY have change to Bullish Our Proprietary Trading System indicates the following:
The Long Term Trend (LTT) given by the Global Monthly TIME BAR (GMTB) is currently Bearish
*The Medium Term Trend (MTT), given by the Global Weekly TIME BAR (GWTB) is currently Bullish
*The Short Term Trend (STT), given by the Global Daily TIME BAR (GDTB) is currently Bullish
*The Micro Trend (MT), given by the Global Four Hour TIME BAR (GFHTB) is currently Bullish
In light of the above trend analysis we will execute a bullish trade on USD/JPY.
Trade #1: Global Entry Signal For Trade #1: Buy @ 109.586 Global Trailing Stop Loss Trade #1: @ 109.099 Global Target Profit Trade #1 : @ 118.874
Global Trade Management Strategy: We applied the Global Trailing Stop System for Global Trading Strategy #3. View Updates
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.