USD/JPY BULLISH CONTINUATION TREND CHART ANALYISISUSD/JPYOANDA:USDJPYforexacademy6Technical Breakdown Trend Context: Price previously moved in a rising channel → bullish structure intact on higher timeframe. Pullback Phase: The drop from the channel top looks like a healthy correction, not a trend reversal. Demand Zone / Support: Price is reacting from a strong demand + horizontal support zone (≈ 155.70–155.85). Liquidity Sweep: Stop-loss hunt below support suggests smart money accumulation before continuation. Market Structure Shift (LTF): Rejection wicks + consolidation indicate buyers stepping back in. Trade Plan (Bullish Continuation) Entry Zone: 155.80 – 155.85 Stop Loss: 155.60 (below demand & structure) Target 1: 156.11 Target 2: 156.39 Confirmation Signals to Watch Bullish engulfing / strong bullish close on 15–30 min Break & close above 156.00 Volume expansion on upside