USDJPY - Strong Bearish Bias. Supply & DemandUSD/JPYOANDA:USDJPYtochukwu3046USDJPY recently made a new All-Time High, sweeping liquidity above the equal highs from the first week of July 2024. The interesting part? This move happened in the first week of July 2026, exactly two years later. Price swept the equal lows liquidity, then closed below the entire ATH cluster with a strong institutional bearish candle, trapping late buyers. Weekly Analysis Liquidity sweep above prior highs Strong reversal/funding candle closing below ATHs Bearish Break of Structure (BOS) after liquidity grab Daily Analysis Clear Bearish Reversal Order Block formed (strong reversal pattern) Significant Imbalance / Fair Value Gap left behind, likely to be filled Price trading in Premium, targeting Discount zones Trading PlanBias: Strongly Bearish Watch 161.905 area for potential short opportunity Looking for inducement into the zone followed by strong displacement lower Confirmation on 4H/lower timeframes (CHOCH + OB mitigation) Key Levels: Resistance: 161.905 – 162.20 Invalidation: Daily close above 162.80–163.00 Targets: Imbalance fill → 155.00 → 145.295 (major liquidity pool) This setup has excellent time symmetry, liquidity engineering, and higher timeframe structure alignment. Waiting for market open to see how price reacts at 161.905. Risk first. What’s your view? Reversal incoming or bullish continuation?