2026/02/18 USD/JPY Trade Strategy
Today's USD/JPY call: Buy.
It looks like a pullback may have formed on the 1-hour chart.
The 15-minute chart (M15) has made a bullish shift, so I’d like to wait for a pullback.
The 4-hour chart (H4) is still falling, and the key point is whether price can break through the range high.
It has tried many times, so I’d like to start buying in anticipation of a breakout soon.
Review
It was Scenario A.
Just like GBP/JPY, price moved exactly as written in the scenario.
That said, even if you entered at the red circle on the left, you would not exit but hold.
Momentum fades just short of the target, so take profit there. 64pips
Price rises further after that, but as long as you can trade according to plan, that’s fine.
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.
