2026/01/27 USD/JPY Trade Strategy
Today's USD/JPY call: Buy.
The daily chart, the 4-hour and the 1-hour are all pointing to selling, but the 1-hour has been making higher lows, so for now I’m looking to buy for day trading.
If price starts turning down (making lower highs) from here, I’ll switch to selling.
Judging by the daily chart, it doesn’t look like there will be a big rise today, so the chances of making a big gain on the buy side seem low.
Review
It was Scenario B.
Price came down close to the C line, and I went long once it stopped falling on the lower timeframes.
I took profit when it started to look like a double top at the green line around the 154.5 target. 38 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.
