USDJPY is showing early signs of a bullish reversal following a multi-week corrective decline. Price recently swept liquidity below 142.354 and aggressively reclaimed that level, forming a higher low at 142.379.
A 4H break of structure (BOS) occurred at 144.396, which is now acting as a key short-term support. The bullish momentum is developing after a prolonged downtrend, suggesting the market may be ready to push back toward higher supply levels around 146.000–147.000.
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🔍 Technical Breakdown
• Liquidity Sweep: Price dipped below 142.354 and tapped into prior demand, rejecting with strength.
• Higher Low Formed: 142.533 marked a clear bullish rejection and held as the new base.
• Break of Structure: 144.396 broke cleanly, indicating a potential reversal and a shift in short-term market sentiment.
• Retest Zone: Price is now pulling back toward the BOS zone, which is expected to act as support.
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📌 Trade Setup
• Buy Zone: 144-144.250
• Stop Loss: 143 (beneath Key Level)
• Take Profit 1: 147.000
• Take Profit 2: 148.500
📊 Risk-to-Reward
• TP1 R:R: ~1:3
• TP2 R:R: ~1:4.9
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🧠 Summary
The key here is the bullish structure shift, combined with a liquidity sweep and reclaim. The BOS level at 144.396 is critical — if price holds this zone, it opens the door for continuation toward 146.000 and beyond.
Failure to hold above 144.000 would invalidate the setup and suggest deeper downside risk.
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🔔 Comment your thoughts below or share your analysis.
📊 #USDJPY #Forex #BreakOfStructure #JPY #SwingTrade #TechnicalAnalysis #FX
A 4H break of structure (BOS) occurred at 144.396, which is now acting as a key short-term support. The bullish momentum is developing after a prolonged downtrend, suggesting the market may be ready to push back toward higher supply levels around 146.000–147.000.
⸻
🔍 Technical Breakdown
• Liquidity Sweep: Price dipped below 142.354 and tapped into prior demand, rejecting with strength.
• Higher Low Formed: 142.533 marked a clear bullish rejection and held as the new base.
• Break of Structure: 144.396 broke cleanly, indicating a potential reversal and a shift in short-term market sentiment.
• Retest Zone: Price is now pulling back toward the BOS zone, which is expected to act as support.
⸻
📌 Trade Setup
• Buy Zone: 144-144.250
• Stop Loss: 143 (beneath Key Level)
• Take Profit 1: 147.000
• Take Profit 2: 148.500
📊 Risk-to-Reward
• TP1 R:R: ~1:3
• TP2 R:R: ~1:4.9
⸻
🧠 Summary
The key here is the bullish structure shift, combined with a liquidity sweep and reclaim. The BOS level at 144.396 is critical — if price holds this zone, it opens the door for continuation toward 146.000 and beyond.
Failure to hold above 144.000 would invalidate the setup and suggest deeper downside risk.
⸻
🔔 Comment your thoughts below or share your analysis.
📊 #USDJPY #Forex #BreakOfStructure #JPY #SwingTrade #TechnicalAnalysis #FX
Trade active
Price is reacting cleanly off the 144.396 break of structure level while also rejecting from the key 144.000 support. The higher low at 142.533 remains intact, confirming that the bullish trend structure is still valid.An entry from the 144.000 zone is currently running in profit, sitting just under 1R. This was a precise execution aligned with the swing trade model.
Momentum remains bullish — monitoring for continuation toward upper targets.
📈 Follow for more updates and structured trade breakdowns.
Note
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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.