Test 2　This week's USD/JPY 2015-4-14 > 2025-4-18　【Trend Line Pro 2】

This week’s USD/JPY at a glance.
We provide a video for behavior verification every week, so first I will paste that here.

The basic strategy this week was a continued downtrend, so we looked for a pullback to sell on rallies.
As a result, a bearish descending triangle formed, and it broke downward but did not fall all the way through by the end of the period.


【Next Week’s Basic Strategy】


The image above shows USD/JPY monthly, weekly, daily, and 4-hour charts.
Since the trend is down, the basic strategy for next week is to pull back to sell on rallies as well.
However, looking at the monthly chart, the shape is a triangle and the price has come sufficiently lower, so caution is needed.
The recent white circle is strongly watched, and if it is not broken, the price may test the upside for a while.
If it breaks below that level, the next white circle at 127 yen comes into view.

Looking at the lines, the resistance of the trendline visible on the weekly and daily charts appears to be effective.
Generally, resistance in the direction of the trend tends to be breached, while resistance on pullbacks tends to be more effective, so unless there is a clear chart-pattern-confirmed reversal, buying and entering should not be assumed to rise easily.
Unless there is an extremely sharp rally, it is unlikely to show a trend reversal within next week, so even if it rises, it may be viewed as a selling-on-rallies opportunity.
That said, there are times when the downside loses momentum, so remove preconceptions and focus on following the market.