2026/03/18 USD/JPY Trade Strategy
Today's USD/JPY call: Sell.
This price zone looks like it could become a pullback on the 4-hour chart (H4), but the 1-hour chart (H1) still has a bearish bias.
The strategy changes depending on which timeframe you prioritize, but even if you’re going to buy, I think it’s fine to wait until signs of a move up appear.
Review
No trade
The market context has changed, but a long from the red circle looks good.
It was outside the plan, so it’s not counted.
You might feel like shorting at the blue circle, but as the green line shows, price has broken above the rally high in the short term and is rising, so you can’t sell here.
The standard approach is to wait for it to turn down again, as shown by the blue arrow.
As it turned out, price kept rising, so the thinking is to switch your bias to buying and buy from the red circle.
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.
