Test 1 This week's USD/JPY 2015-4-7 > 2025-4-11 【Trend Line Pro 2】
A quick look back at this week's USD/JPY.
We prepare a video for behavioral verification every week, so I will first attach that.
【This Week's Basic Strategy】
Rather than expecting a continuation of the sharp drop, I thought there would be a period of time for time-based adjustment, so the basic strategy was to aim for selling on rallies after a pullback from above.
In reality, the chart moved up and down with a reverse triangle pattern, but the resistance of the line seemed to be quite effective.
* It is easier to break through resistance in the direction of the trend, but for pullbacks or retracements, resistance tends to rebound, so entries are desirable on pullback/retracement directions with line rebounds.
【Next Week's Basic Strategy】
The image above shows the USD/JPY monthly, weekly, daily, and 4-hour charts.
The trend is down, so I am considering as a basic strategy to sell on rallies after a pullback next week as well.
However, when looking at the monthly chart, the pattern forms a triangle and has moved sufficiently lower.
If the area enclosed by the white circles breaks downward, 127 yen becomes visible, but if it does not break below, it will move to test higher levels, so be careful.
For now, I am curious about which direction the reverse-triangle chart pattern created this week will break out to (the yellow on the daily chart in the top image shows the reverse-triangle display).
If going long, it is preferable to wait until a confirming reversal chart pattern is clearly established.
As the market opens, I think the initial move will be to sense the direction here first.
【Small Talk】
I realized that the transition from MT4 to MT5 is progressing slower than expected.
According to GoGoJungle, more than 80% of users use MT4, and MT5 users are less than 20%.
I also heard that MT4 is overwhelmingly strong in the United States.
The provider is trying to push the migration to MT5 by increasing MT4 usage fees, but it doesn't seem to succeed.
Actually, I created an MT5 indicator and had been posting investment navigation+ with that until last week.
From purchasers, many requested MT4 compatibility because MT5 itself behaves less stably and is less convenient than MT4.
The reason for aiming for MT5 compatibility was the security level differences affecting the indicator developers, but MT4 also now has cloud Protector, reducing the advantages of MT5.
As a trial, I have returned to starting Investment Navigation+ with an MT4 account.
Since it is only a trial, I do not know how long it will continue.
I would be grateful if you could accompany me for a while.