2026/04/09 USD/JPY Trade Strategy
Today's USD/JPY call: Buy.
Right now I’m looking to buy, but the overall environment feels, if anything, more like a sell?
I’d like to buy if price bounces from around line B, but if it breaks below line B, I’ll wait and see.
I keep a bullish bias until price breaks below the round number at C, but it won’t be easy to buy right away.
If C breaks, I’ll treat it as a bearish shift and look for a short.
Review
It played out as Scenario A.
I went long at ○1, a 5-minute chart (M5) level pullback after price broke through Line A.
Price formed a double top and looked ready to drop, so I exited for now. 12 pips
After that I waited and saw, then went long again at ○2, where the lows were turning up (making higher lows) once more.
This one touched the 159.3 target for a moment and dropped right away, so I exited this one too. 20 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.
