2025/12/05 USD/JPY Trade Strategy
Today's USD/JPY call: Sell.
I thought price would form a pullback on the daily chart, but instead it has been sliding steadily lower and looks like it may break below support as it is.
The red circle around noon JST (03:00 UTC) was a good place to sell, but from here it’s a matter of either waiting for price to come back up once more and selling then, or aiming to sell a retracement around C, one level lower.
Review
The only real opportunity was around the red circle I mentioned when I posted the scenario.
I posted late, and there were no good opportunities after that.
The blue circle area is technically a buy, but it’s late Friday night, so it’s not the kind of timing to jump in.
This article reflects the author's personal view of the market. It does not recommend any specific trade; all investment decisions are your own responsibility.
