2026/07/09 USD/JPY Trade Strategy
Today's USD/JPY call: Buy.
Looking at the 4-hour chart (H4), it doesn’t look all that tempting to buy, but overall the bias is to buy.
I think the flow will be another rise up to the recent high on the daily chart.
The current chart has come down to a price zone that’s just right for a pullback.
If it rises without breaking below the B line, I’d like to buy.
Review
No trade
Price broke the B line, so I was watching with a possible sell in mind, but there was no spot where I could take a trade.
At the point marked with the red circle, you might be tempted to sell on Scenario C after the break below the B line, but given the market conditions, I’d rather wait and see a little longer.
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.
