JPY strength is starting to show.
On the 4H, the JPY basket has shifted structure to the upside and is currently pulling back into the demand zone that caused the move.
That creates bearish pressure on USDJPY.
On USDJPY 4H, price has broken structure to the downside and is now retracing into a 4H imbalance while also retesting the trendline.
This is a key area of interest.
We donāt predict ā we assess.
Refinement on the 1H:
Used to fine-tune the zone and identify cleaner areas of interest.
Execution on the 15M:
Looking for structure to shift bearish within the zone.
Aggressive entry on the 5M:
Taken on early confirmation once lower timeframe structure aligns.
If price invalidates the zone, no trade.
Let price confirm intention.