2026/08/26 USD/JPY Trade Strategy

Today's USD/JPY call: Sell.
Yesterday, price failed to break out of the 4-hour range, and after turning down (making lower highs) it has now made a bearish shift.
From here, I’m waiting for a retracement to look for sells.
Line C is a line where price tends to find support, so if you’re selling from above, watch out for a bounce off Line C.
A break below Line C looks likely to accelerate the selling.
Review

It was a range.
Under Scenario B, I went short from ○1, but price failed to break the low and started turning up (making higher lows), so I exited. About 5 pips.
It would have been lucky if it had dropped, but it didn’t.
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.