USDJPY Deep Bull at 155.87 Recovered and Trending CleanUS Dollar/Japanese YenFX:USDJPYstingrayeaUSDJPY is trading at 155.877 in a deep bullish structure with a confirmed recovery signal. The trend is intact, the retrace was shallow, and multi-timeframe alignment is strong. This is one of the cleaner setups on the board right now. Price retraced just -1.1% with a 2.4% bounce at 2.1x recovery — confirmed recovered. That's a textbook shallow pullback within a healthy trend. Buyers didn't let it slip far before stepping back in. Bias is deep bull at 75 to 25 with 54% clarity and a confirmed breakout. Total signals read 45 green to 15 red out of 112. EMAs are dominant at 12 to 0 — not a single bearish EMA signal across any timeframe. Ichimoku is strong at 10 to 4. Counter-trend is overwhelmingly bullish at 14 to 0 — bears have zero foothold on any pullback structure. The spread is 50% deep. Engulfing leans bullish at 3 to 1 and pattern totals are even at 1 to 1. Candles are the one area showing friction at 5 green to 9 red with a DD/SS of 11 to 2. Short-term price action is choppy even though the broader structure is firmly bullish. That's typical of a trending pair that's consolidating within the move rather than reversing. No squeeze is active. Bandwidth is at 3.58% with momentum bullish and rising. This isn't a compression play — it's a trend continuation. Momentum is already moving in the direction of the trend which is exactly what you want to see. No volume or futures data available for USDJPY so the read is structural only. Forex pairs trade through interbank flow so the absence of exchange volume data is standard. Structure has to carry the full weight of the analysis here. Bullish scenario — the recovery holds, EMA dominance continues, and the pair pushes toward the supply zone overhead. With 14 to 0 counter-trend and 12 to 0 EMAs, every dip is a buying opportunity until structure breaks. The breakout flag and deep alignment say this trend has legs. Watch for candle signals to flip back green as short-term noise clears. Bearish scenario — the 5 to 9 candle read expands and short-term selling pressure overwhelms the broader trend. A break below the recovery zone with momentum flipping would be the first warning. The 50% deep spread means a reversal would need to unwind significant positioning. Realistically, bears need a fundamental catalyst to crack a structure this aligned — the technicals alone don't support a reversal case. For context, a strong USDJPY at these levels has broad implications. Dollar strength is confirmed by DXY and carry trade dynamics keep supporting the upside. Intervention risk from the BOJ is always the wildcard at these levels — it's the one thing that can override a clean technical structure overnight. The play is straightforward. Buy dips within the trend with stops below the most recent recovery zone. The 12 to 0 EMA read and 14 to 0 counter-trend score make this a respect-the-trend environment. Don't overcomplicate it. More analysis on my profile. Tags: USDJPY, dollar yen, forex, deep bull, trend, recovery, breakout, carry trade