USDJPY – Looking for a Retracement Into H1 FVG and Sell OffUSD/JPYOANDA:USDJPYazmi12321After sweeping liquidity at the recent swing high, USDJPY has shown a clear Change of Character (ChoCH) on the 4H timeframe, indicating potential bearish momentum unfolding. Price is now pulling back toward the H1 Fair Value Gap (FVG), which aligns perfectly with the 50% Fibonacci retracement level — creating a clean area of confluence for a potential short re-entry. ✅ Key Confluences Liquidity sweep at the top ✅ Bearish ChoCH ✅ H1 FVG aligned with 0.50 Fibonacci ✅ 4H structure turning bearish ✅ 📉 Short Bias Setup I’ll be watching for reaction within the yellow FVG zone (around the 50% fib). If price rejects this imbalance area, I expect continuation lower targeting: 🔻 Sell‑side liquidity zone around 157.50 🔻 Final liquidity target marked beneath recent lows ⏳ What I'm Waiting For Price to reach the FVG/Fib confluence BEARISH confirmation on lower timeframes Entry upon rejection / displacement