🔮 USDJPY Price Forecast – 1H Timeframe
📈 Bullish Scenario:
Price may bounce from the LPP Inducement + HL (Higher Low) area and push upward.
The first target would be the upper blue LQ Close zone, which is still untouched.
If we observe weakness or an “M-shaped” reaction within that blue zone, a sell setup could be valid (inducement trap).
However, if price breaks and closes above the blue zone, further bullish continuation is expected — possibly toward the higher green liquidity zone around 147+.
📉 Bearish Scenario:
If the HL (blue zone) fails and breaks down, forming a new Lower Low (LL),
Then we can expect price to retrace toward the lower green demand zone, around 141.000, which aligns with higher timeframe liquidity and unmitigated demand.
📈 Bullish Scenario:
Price may bounce from the LPP Inducement + HL (Higher Low) area and push upward.
The first target would be the upper blue LQ Close zone, which is still untouched.
If we observe weakness or an “M-shaped” reaction within that blue zone, a sell setup could be valid (inducement trap).
However, if price breaks and closes above the blue zone, further bullish continuation is expected — possibly toward the higher green liquidity zone around 147+.
📉 Bearish Scenario:
If the HL (blue zone) fails and breaks down, forming a new Lower Low (LL),
Then we can expect price to retrace toward the lower green demand zone, around 141.000, which aligns with higher timeframe liquidity and unmitigated demand.
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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.
Related publications
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.