2025/12/03 USD/JPY Trade Strategy

Today's USD/JPY call: Buy.

It’s been dropping in the short term, but I think it’s better to wait for a reversal and look for a long.
That said, the 4-hour chart (H4) is also in a selling trend, so it looks like it’ll take a bit more time before we get a big rally.
Before a big move up, I guess we’d need to see a double bottom or higher lows forming at the 4-hour chart (H4) level.

Buy target: 156.3
Sell target: 155.2–3

Review

It was Scenario B.

In the end, price fell without ever reversing.
Circle ① was near the range high, so the risk-reward was good and it was an easy entry.
Take profit at the target. 45 pips

After the break below, shorting from circle ② under Scenario C would also have been fine.