2026/09/02 USD/JPY Trade Strategy
Today's USD/JPY call: Buy.
Price has broken above the recent high and is moving up.
From here I’d like to buy on a pullback, but now is the time to see whether it bounces off the current B line or drops a bit further.
Review
It went down.
Early on, I was watching for a buy entry under Scenario B, but the lower timeframes kept falling without making a bullish shift.
After that, price pulled back up to the blue line, which was the sell target in the original scenario, so a short from the red circle works.
The conditions lined up here, making it an easy spot to enter, but if you missed it, the later red circle is fine too.
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.
