📊 Trading on the USD/JPY Pair Today

In today's session (August 14, 2025), I followed USD/JPY on a 15-minute timeframe and noticed the formation of a double bottom pattern at the level of 155.40 with a slight rise in the MACD indicator. I entered a buy trade after a clear breakout above the bottom (~155.55) on the 15-minute candle.

I set my stop loss at 155.30 (a difference of 25 pips).

I targeted my goals as follows:

1. First target at 155.85 (near resistance range +30 pips).

2. Second target at 156.10 (+70 pips).

After 45 minutes, the price reached the first target, so I closed half of the position and moved the stop loss to the entry point (155.55) to protect capital. After that, the pair continued to rise steadily towards the second target and achieved it within an additional hour.

Result of the trade: Total profit +45 pips (half of the trade realized profit +30 and the other half +70).

Lesson: Wait for a clear pattern breakout with technical confirmation to increase the chances of success, and the idea of gradual hedging achieves smart risk management.