USD/JPY Asian Range Pullback Strategy
Timeframe: 30 Minutes
Key Session: Asian Market Hours (00:00 - 05:30 +2GMT)
Strategy Rules
1. Identify the Asian Range
Mark the high and low of USD/JPY between 00:00 - 05:30 ( +2GMT )
Only trade if the range is >25pips (avoids noise).
2. Wait for Breakout + Pullback
Breakout: Price must close outside the range (candle body, not wick).
Pullback: Enter on a 50% retracement of the Asian range.
Longs: Breakout above range → buy at 50% pullback.
Shorts: Breakout below range → sell at 50% pullback.
3. Trade Execution
Entry: 50% retracement level of the Asian range.
Stop Loss:
Longs: Below the range low (for breakouts above).
Shorts: Above the range high (for breakouts below).
Take Profit : 1:1 Risk-Reward (RR).
Timeframe: 30 Minutes
Key Session: Asian Market Hours (00:00 - 05:30 +2GMT)
Strategy Rules
1. Identify the Asian Range
Mark the high and low of USD/JPY between 00:00 - 05:30 ( +2GMT )
Only trade if the range is >25pips (avoids noise).
2. Wait for Breakout + Pullback
Breakout: Price must close outside the range (candle body, not wick).
Pullback: Enter on a 50% retracement of the Asian range.
Longs: Breakout above range → buy at 50% pullback.
Shorts: Breakout below range → sell at 50% pullback.
3. Trade Execution
Entry: 50% retracement level of the Asian range.
Stop Loss:
Longs: Below the range low (for breakouts above).
Shorts: Above the range high (for breakouts below).
Take Profit : 1:1 Risk-Reward (RR).
Trade closed: target reached
TP HIT :)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.