This week's USD/JPY 2025-5-5 > 2025-5-9 + Next week's USD/JPY 【Trend Line Pro 2】

A quick recap of this week's USD/JPY.
We provide a video for behavior verification every week, so first I will paste that.

【This week's USD/JPY】

The basic strategy this week was to buy on dips after pulling back, but I was cautious of a potential downtrend due to resistance on the weekly white circle and a potential head-and-shoulders formation.
In the first half of the week, it did not make a new high and tested lower, but it did not break below the daily white circle, weakening the head-and-shoulders image, and in the second half of the week, it moved toward an uptrend with attempts to move higher.
It made a slight higher high, but since the weekly white circle has not been breached, there is a strong impression that the upside is still being watched closely.


【Next week’s USD/JPY】


The近 trend is upward, so the basic strategy remains to buy on dips after pulling back.
From a Dow Theory perspective, the weekly white circle and the 4-hour white circle are the most attention-grabbing.
On the daily chart, I added horizontal lines to both.
Whether one breaks out, or neither breaks out, or you should respond flexibly, I think you should adapt as needed.


Even by looking at the lines, there are lines that are likely to be watched both up and down.
As a premise, we should follow the market without prejudice, but next week I feel the movement will be limited within the white-framed area.
Recently, the channel seems to be in focus, but the ease of recognizing it as a line is below that of a support-resistance line or a trend line, so we should not have excessive expectations of it acting as resistance.
The green dotted line with white dots is a channel line replicated from Trend Line Pro 2.
If the image is too small to see clearly, right-click on the image and select 'Open image in new tab' to view it at full size.



【How to create a channel line】

Channel lines can be easily created by duplicating the trend line drawn by Trend Line Pro 2.
Hold down the Ctrl key, double-click the trend line you want to duplicate, and while continuing to hold the mouse button, move it to create a copy.

【Target product】

Trend Line Pro 2：A world-standard line trading aid indicator.

The World’s Smallest Next-Generation ZigZag 2：Available for listing soon.