【USD/JPY】Strategy for July 31: A Reliable Take-Profit Scenario Utilizing RSI(9) ?

Everyone, thank you for your hard work. I would like to share my personal trading strategy for USD/JPY moving forward. Please also take a look at the attached chart (image_93e5f1.png).

? Basic rules for settlements

• Target:July 31

• Indicators used:RSI (period: 9)

• Settlement conditions:When RSI value reaches35%, I will settle all positions (take-profit).

? Intent of the strategy and risk hedgingAs indicated by the black arrows at the bottom of the chart, I am aiming for the timing when RSI touches the 35% line (blue underline) as a deadline within the rapid drop.

However, no one can perfectly predict sudden market reversals (rebound). Therefore, to maximize the consideration of reversal risk, I will not rely solely on manual settlementsorder stopand will also consider placing limit orders to ensure a definite exit.

No matter how much unrealized profit there is, if the exit strategy is weak, the profit cannot be kept. This time, I will prioritize "ensuring definite profit" above all else.

I look forward to discussing how the market may unfold next with you in a chart recap later! What is your current plan for handling USD/JPY? I’d be happy to hear your thoughts in the comments ✨