USDJPY is currently showing signs of a **bullish reversal** after reacting to a key 4-hour Order Block. The second leg of a W-pattern has just formed and was accompanied by a clean tweezer bottom on the 1-hour timeframe, signaling potential smart money accumulation.
Yesterday (Wednesday), the first leg developed without any macro news influence, and we saw an internal, irregular W structure with a weak tweezer — possibly engineered to trap early longs and sweep liquidity.
Today, Thursday, the second leg printed with much better symmetry and stronger price action. A textbook tweezer bottom formed on the 1H, supported by clear rejection from the OB and a liquidity sweep — setting up an ideal reversal zone.
Confluences:
✅ Price tap into 4H Order Block
✅ Completed W-pattern with strong second leg
✅ Clean 1H tweezer bottom
✅ Liquidity sweep of previous lows
✅ Upcoming USD CPI News @ 1:30 PM — likely catalyst
Expectations:
Position entered long after tweezer confirmation. A short-term retrace into an unmitigated 15m OB or FVG may occur as part of news-driven volatility, but overall bias remains bullish for continuation unless structure fails.
Invalidation:
Clean 1H/4H candle close below the OB and W-pattern second leg low will invalidate this setup and shift bias back to neutral or bearish.
⚠️ Risk Note:
This analysis is for educational purposes and does not constitute financial advice. Always assess your personal risk tolerance and use proper risk management.
For intraday traders, ensure stop loss is placed beyond the OB or liquidity sweep, and risk no more than 1–2% of your capital per position. News-driven setups carry additional volatility — trade cautiously and never chase price.
Yesterday (Wednesday), the first leg developed without any macro news influence, and we saw an internal, irregular W structure with a weak tweezer — possibly engineered to trap early longs and sweep liquidity.
Today, Thursday, the second leg printed with much better symmetry and stronger price action. A textbook tweezer bottom formed on the 1H, supported by clear rejection from the OB and a liquidity sweep — setting up an ideal reversal zone.
Confluences:
✅ Price tap into 4H Order Block
✅ Completed W-pattern with strong second leg
✅ Clean 1H tweezer bottom
✅ Liquidity sweep of previous lows
✅ Upcoming USD CPI News @ 1:30 PM — likely catalyst
Expectations:
Position entered long after tweezer confirmation. A short-term retrace into an unmitigated 15m OB or FVG may occur as part of news-driven volatility, but overall bias remains bullish for continuation unless structure fails.
Invalidation:
Clean 1H/4H candle close below the OB and W-pattern second leg low will invalidate this setup and shift bias back to neutral or bearish.
⚠️ Risk Note:
This analysis is for educational purposes and does not constitute financial advice. Always assess your personal risk tolerance and use proper risk management.
For intraday traders, ensure stop loss is placed beyond the OB or liquidity sweep, and risk no more than 1–2% of your capital per position. News-driven setups carry additional volatility — trade cautiously and never chase price.
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.