2026/11/11 USD/JPY Trade Strategy

Today's USD/JPY call: Buy.

A while back I wrote, “This is the daily chart range low,” and over roughly three weeks since then, price has climbed all the way back to the top of the daily range.
It’s starting to break above the range, but it’s still too early to tell.

From here, if it forms another pullback on the 15-minute chart (M15), I’d like to buy it.
If it breaks out to the upside, I think it’s better not to rush in and jump on, but to wait patiently for the right timing and target the next wave.