2026/05/08 USD/JPY Trade Strategy
Today's Call
Direction
Buy
Buy target
157.3〜4
Sell target
155.7
Today's USD/JPY call: Buy.
For now, the price is rising.
For day trading, the strategy is to look for pullbacks and buy.
However, the overall market looks like it’s forming a retracement in the middle of a decline.
I’ll be trading with in mind that the bigger picture still favors sellers.
Given that market context, selling after a bearish shift on the 5-minute chart (M5), as shown by the blue arrow, is also an option.
Review
No trade.
The short-term short scenario I drew with the blue arrow did play out.
Estimated pips for this day
0 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.
