2025/12/11 USD/JPY Trade Strategy

Today's USD/JPY call: Sell.

Both the daily chart and the 4-hour chart are ranging, while the 1-hour chart is a sell.
Even though it’s a range, the 4-hour chart is also in a downward flow, so basically I only have a bearish bias, looking to sell the rally.

I’m looking at a somewhat wide retracement high area, from 155.7 up to around 156.
My feeling is, maybe it drops to the daily chart support for now?

Review

It was Scenario B.

Short at the red circle, where price turned down (making lower highs) after retracing up to Line A.
The retracement went all the way to the highest point of the range I had anticipated.
The risk-reward is excellent.

Take profit on reaching the 155 target. 100 pips