This week's USD/JPY 2015-4-21 > 2025-4-25 【Trendline Pro 2】

A quick recap of this week's USDJPY.
We prepare a video for behavior verification every week, so first I will paste that here.

【This Week's Review】

In the first half of this week, price moved with weak direction as it was rejected at the upper resistance, but in the second half it moved higher due to key breakouts.
From the four-hour chart breakout above the lower resistance where the inverted head and shoulders pattern was anticipated, and the daily chart breakout above the white circle, clearly the upside was being watched.


【Next Week's Base Strategy】


The current trend is up, so the basic strategy is to buy on dips after pulling back.
In the near term, if the price breaks below the lower side of the four-hour chart white circle in the attached image, it will test the downside, so be cautious.


Looking at the lines, recently drawing a channel line shows it works nicely.
If price falls out of the channel and breaks below the four-hour chart white circle early, the inverted head and shoulders would be in play, and we can expect a move to test the weekly chart white circle.
If the price does not break down of the channel, the uptrend is expected to continue, testing the upper resistance.


【How to Draw the Channel Line】

The channel line can be easily created by duplicating the trendline drawn by Trendline Pro 2.
Hold the Ctrl key, double-click the trendline you want to duplicate, and then move it without releasing the mouse button to duplicate it.

【Target Products】

Trendline Pro 2：A world-standard trendline trading assistant indicator.

Next-Generation ZigZag 2 from the World’s Smallest Start：Currently in preparation for listing.