USDJPY Breaks Structure Twice — Bullish Retest Zones in FocusUSD/JPYOANDA:USDJPYaminrahmani888Market Thesis: USDJPY is showing clear bullish 15-minute order flow, with two visible upside BOS events near 159.447 and 159.529 followed by expansion into the 159.66 area. Price remains above both nearby LuxAlgo shaded demand zones, so the higher-probability approach is to buy confirmed pullbacks rather than chase the current extension. The bullish thesis remains intact while the 159.409–159.476 support area holds. A decisive loss of that zone would expose the deeper 159.297–159.360 demand area. Visible Confluences — 15-Minute Chart: Bullish BOS #1: approximately 159.447. Bullish BOS #2: approximately 159.529, confirming continuation of the bullish structural sequence. Recent EQH liquidity: approximately 159.461; subsequent price expansion has already traded above this liquidity. Upper LuxAlgo shaded demand zone: approximately 159.409–159.476 — first meaningful pullback area. Secondary shaded demand zone: approximately 159.297–159.360 — deeper structural support. Protected swing-low reference: approximately 159.240. Major lower shaded demand: approximately 158.811–158.964, well below current price but still clearly visible on the chart. Current candle is trading around 159.662, with the displayed candle high at 159.674. No CHoCH label or FVG marking is visible on the supplied chart, so neither is being used as an existing 15m confluence. Levels are read directly from the screenshot; allow minor plotting tolerance around zone boundaries. Trade Scenarios Setup 1 — Primary Bullish Pullback 🟢 Direction: Buy Entry Zone: 159.430–159.476 Confirmation: Let price enter the upper shaded zone, then look on the 1m/5m for a bullish CHoCH, strong rejection, or decisive bullish momentum/displacement candle before execution. Stop Loss: 159.395 Targets: TP1: 159.529 TP2: 159.600 TP3: 159.700 Logic: This is the first retracement zone beneath the current expansion and sits around the structure that preceded the latest bullish continuation. Holding it preserves the strongest bullish scenario. Setup 2 — Deeper Discount Buy 🟢 Direction: Buy Entry Zone: 159.300–159.360 Confirmation: Do not buy the zone mechanically. Require a 1m/5m liquidity reaction followed by bullish structural confirmation or a strong momentum candle. Stop Loss: 159.235 Targets: TP1: 159.447 TP2: 159.529 TP3: 159.662 Logic: This is the deeper visible demand area. The stop is positioned beneath the approximately 159.240 structural low, where a break would materially weaken the current bullish sequence. Setup 3 — Bearish Failure Scenario 🔴 Direction: Sell — conditional only Entry Zone: 159.409–159.447 Trigger: First require a 15m close below 159.409. Then wait for a failed reclaim of the broken zone and a bearish 1m/5m CHoCH or momentum confirmation. Stop Loss: 159.480 Targets: TP1: 159.360 TP2: 159.300 TP3: 159.240 Logic: There is currently no visible 15m bearish structural confirmation. This short only becomes valid if the first demand zone fails and converts into resistance. Refinement Tip: Treat the 15-minute chart as the structural anchor timeframe and refine execution on the 1-minute or 5-minute chart. The best Risk/Reward should come from allowing price to reach the identified 15m zones first, then demanding an LTF structural shift, rejection, or momentum confirmation before committing capital. At 159.662, price is already extended above the second BOS, so chasing longs at market offers substantially less attractive asymmetric risk than waiting for a controlled retracement. ⚠️ Disclaimer: Trading financial markets involves significant risk, and no market structure, liquidity model, or technical setup guarantees a profitable outcome. This analysis reflects the visible 15-minute structure and probabilistic scenarios only. It is provided strictly for educational and analytical purposes, not as personalized financial advice. Always define your invalidation level, control position size, and manage risk independently.