2026/05/28 USD/JPY Trade Strategy
Today's USD/JPY call: Buy.
Continuing from yesterday’s flow, I’m still looking to buy.
It’s starting to look like a double top, so there’s a good chance it moves into a range for a while.
In that case, I’m assuming a scenario where price bounces from around Line B at the range low, and I’m waiting for a pullback.
Review
It was Scenario C.
I was waiting for a short-term bullish shift near Line B, but price dropped without making a bullish shift.
I then went short at circle ①, where the role reversal occurred.
Take profit as price reached the 159.2 target. 24 pips
Price pulled back once along the way, but since it had made a new low, this is a trade you’d want to hold.
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.
