Pair: USDJPY
Direction: 🟢 Buyside
Date: Wed 8th July 26
Session: Tokyo Session AM
Entry Time: 3:00 AM
Entry: 162.265
Target / Profit Level: 162.813
Stop: 162.178
Gain Target: 0.338%–0.388%
Risk: 0.054%
RR: 6.3
USDJPY Buyside Trade Idea
🟢 Bias: Buyside continuation/liquidity expansion
USDJPY is showing a strong buyside continuation model. Price has reclaimed above the daily open, the previous day's high area, and the short-term EMA structure. The 1H chart is pressing into premium with momentum, so the trade idea is looking for continuation into the next upside liquidity pool.
Discount Recovery Model:
→ Daily open reclaim
→ BOS above internal structure
→ Asia highs taken/held
→ Price accepts above 162.265
→ Target draw becomes 162.813 / 162.840
🧭 SNAP MAP
Prior sellside sweep formed the low near 160.80–161.00
→ Price recovered strongly through internal FVGs
→ Bullish structure formed above the 200 EMA/trend base
→ Daily open around 162.067 was reclaimed
→ BOS / yDay high area around 162.118–162.175 was reclaimed
→ Entry activates at 162.265
→ Price targets the weekly high/upside liquidity around 162.813–162.840
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