2025/12/22 USD/JPY Trade Strategy
Today's USD/JPY call: Buy.
We’re near the highs on the daily chart.
The question is whether it breaks above here, but it has formed a double bottom and is rising, so a breakout looks likely.
Even at the day-trading level, buying is the only thing to consider.
On the 15-minute chart it has just been turning up (making higher lows), so buying from short-term pullbacks is fine too.
Review
It was Scenario C.
The sharp drop around 10 pm JST (13:00 UTC) changed the flow.
After the C line broke, I went short on the retracement at the red circle.
Since the sharp drop had already broken below the 157 target once, you could hold, expecting another leg down.
I’d recommend taking profit when price reaches the next yellow line below, but holding and carrying the position overnight is fine too. 30 pips
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.
