2026/10/13 USD/JPY Trade Strategy

Today's USD/JPY call: Buy.

I basically have a bullish bias, but right now price is in a tricky price zone.
If it bounces from here, I’d like to buy.

If it breaks below the B line zone, it’s fine to look for a short in the short term, but if you’re only aiming for around C, there isn’t much room to run.
If a downtrend starts from near the highs, getting short on the break of the B zone would be really juicy.

Normally, I think it’s fine to start seriously considering selling only after it breaks below the C line.

Review

It was Scenario C.

In the end, price never reversed and kept falling.
I went short at ◯1, the small retracement after the break below the C line.
Price spiked sharply for a moment along the way, but the stop-loss level was above the red zone, so it never got stopped out.

I took profit as price came back after hitting the target. 24 pips