2026/07/13 USD/JPY Trade Strategy

Today's USD/JPY call: Buy.
The near term has made a bullish shift, so I’m waiting for a chance to buy the dip.
The 4-hour chart (H4) is ranging and the structure isn’t clear, so this isn’t a situation for a long hold. But on the bigger-picture bias, it looks like a spot where the lows are turning up (making higher lows), which could lead to a daily chart-level rally.
Review

It was Scenario A.
From a 1-hour chart (H1) perspective, the best trade was a long from ○1, the pullback after price had formed one wave.
For take profit, a limit set just before the pink target line works fine. 27pips
A long from around the area circled in blue just before that is also fine.
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.