2026/03/27 USD/JPY Trade Strategy
Today's USD/JPY call: Buy.
The daily chart is near the highs, and the 4-hour chart has broken above its recent high but is likewise near the highs.
If price rises, this looks like a price zone that could be a pullback candidate, but in the short term we have a bearish shift.
I’ll hold off on buying a bit longer, until the downside stalling becomes clear.
If price breaks below here, it’s a sell for day trading.
Review
It was Scenario B.
As expected in the morning, price bounced off Line C and rallied.
I went long from the red circle, the pullback after the bullish shift on the 5-minute chart (M5).
I took profit when price started turning down (making lower highs) after reaching the target. 30 pips
Given the overall trend, you could hold here, but since price was near the highs and it was a Friday, closing out quickly and calling it a day is also a valid choice.
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.
