2026/02/27 USD/JPY Trade Strategy
Today's USD/JPY call: Sell.
For now I’m looking to sell, but this is a price zone that acts as support on the 4-hour chart.
There’s still a chance it rallies from here, so be careful.
If you want to wait for a clear trend before getting in, sell only after a break below C.
Buying is… a bit tricky.
On the 15-minute level, I’d wait for a pullback like A and buy, but I don’t think the environment is ready for a big move up yet.
Review
It was a range.
Long from the pullback at the red circle after the break of Line A.
However, as I wrote this morning, I didn’t really picture it continuing higher from here, so I watched it on the assumption that I’d exit as soon as it started to drop.
It didn’t reach the target line, and I exited where the 5-minute chart (M5) started turning down (making lower highs). 12 pips
After that, I could have tried buying again from lower down, but the shape didn’t motivate me, so I passed.
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.
