📈 USD/JPY Weekly Swing Setup
🗓️ Bias: Long from Weekly Demand Zone
📍 Context: Price is approaching a higher-timeframe demand block with a strong reaction expected. Structure shows repeated sweeps and rejection near weekly EQ. Looking to catch the macro reversal from the lows before liquidity floods the upside.
🟦 ENTRY ZONE
141.300 – 140.900
Weekly demand + prior structural sweep + inside discount territory
🔻 STOP LOSS
139.700
Below major liquidity shelf + protected weekly low
🧨 Risk: ~160 pips
🛡 Use position sizing accordingly
🎯 TAKE PROFITS
Target Price Reason
TP1 143.951 High chance reclaim to minor resistance
TP2 144.921 Weekly EQ zone
TP3 146.178 Clean inefficiency + OB fill
TP4 149.385 Final premium zone / supply
📌 Trade Narrative
Looking for a long setup off weekly demand between 141.300–140.900.
Expecting bullish reversal and liquidity run through prior highs.
Structure is showing signs of exhaustion on the bearish leg, and weekly CHoCH zones have formed.
TP1 holds ~80% probability as it aligns with daily inefficiency and structure.
Remaining targets scale through unfilled FVGs into premium territory.
🧠 Risk-Reward
SL: 139.700
Entry: 141.300
TP1: 143.951 → ~2.6R
TP4: 149.385 → ~5R+
🗓️ Bias: Long from Weekly Demand Zone
📍 Context: Price is approaching a higher-timeframe demand block with a strong reaction expected. Structure shows repeated sweeps and rejection near weekly EQ. Looking to catch the macro reversal from the lows before liquidity floods the upside.
🟦 ENTRY ZONE
141.300 – 140.900
Weekly demand + prior structural sweep + inside discount territory
🔻 STOP LOSS
139.700
Below major liquidity shelf + protected weekly low
🧨 Risk: ~160 pips
🛡 Use position sizing accordingly
🎯 TAKE PROFITS
Target Price Reason
TP1 143.951 High chance reclaim to minor resistance
TP2 144.921 Weekly EQ zone
TP3 146.178 Clean inefficiency + OB fill
TP4 149.385 Final premium zone / supply
📌 Trade Narrative
Looking for a long setup off weekly demand between 141.300–140.900.
Expecting bullish reversal and liquidity run through prior highs.
Structure is showing signs of exhaustion on the bearish leg, and weekly CHoCH zones have formed.
TP1 holds ~80% probability as it aligns with daily inefficiency and structure.
Remaining targets scale through unfilled FVGs into premium territory.
🧠 Risk-Reward
SL: 139.700
Entry: 141.300
TP1: 143.951 → ~2.6R
TP4: 149.385 → ~5R+
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.