2026/04/27 USD/JPY Trade Strategy

Today's USD/JPY call: Sell.

For 1-hour chart (H1) trades, it’s a buy until price breaks below Line C. However, price has been turning down (making lower highs) within this range, the daily chart looks like it wants to drop, and the 15-minute chart has already made a bearish shift, so I’m taking a bearish bias.

The simplest approach is to sell the retracement after C breaks.

For Scenario B, I can’t tell how far the retracement will go, but the blue line near the letter B is one candidate.

Review

It was Scenario C.

On the retracement after breaking below Line C, you could short as price turned back down from the blue line near the letter B.
If you weren’t watching closely, it was the kind of setup you’d miss.

After that, take profit where the decline stalls at the pink line below. 26 pips