AUD/JPY (1H) Market Analysis – Smart Money Concept (SMC)AUD/JPYOANDA:AUDJPYMarketStrategysignals📊🔥 AUD/JPY (1H) Market Analysis – Smart Money Concept (SMC) 🟢 Market Bias: Bullish Continuation (After Retracement) The overall market structure remains bullish, with buyers maintaining control despite the current pullback. Price is expected to retrace into the highlighted demand area before continuing higher. 📈 Key Market Structure ✅ BOS (Break of Structure) Price broke previous resistance, confirming bullish momentum. ✅ ChoCH (Change of Character) The bullish Change of Character confirmed the shift from bearish to bullish order flow. ✅ Higher High Formation Price created a new weekly high, showing strong buying pressure. 📉 Current Price Action The market is currently retracing after rejecting the Weekly High. This pullback appears healthy and is likely targeting liquidity resting inside the highlighted demand zone. 🎯 High-Probability Buy Zone 📍 Order Block + Fair Value Gap (FVG) This area provides multiple bullish confluences: ✅ Bullish Order Block ✅ Fair Value Gap ✅ Previous Impulse Base ✅ Institutional Demand Zone A bullish reaction from this area could provide an excellent buying opportunity. 🚀 Bullish Target If buyers defend the demand zone: 🎯 Target 1: Recent Swing High 🎯 Target 2: Order Block near 112.75 🎯 Target 3: Weekly High around 112.82 A successful breakout above the weekly high could open the door for further upside. ⚠️ Bearish Invalidation A strong candle close below the highlighted Order Block/FVG would weaken the bullish setup and could lead to a deeper correction. 📋 Trading Plan 🟢 Bias: Bullish 📍 Wait For: Retracement into the Order Block/FVG ✅ Confirmation: Bullish engulfing candle, liquidity sweep, or market structure shift on lower timeframes 🎯 Targets: Recent High → Weekly High 🛑 Risk Management: Always wait for confirmation before entering and use proper stop-loss placement. 💡 Professional Insight: The trend remains bullish, but patience is key. Rather than buying at current prices, waiting for price to revisit the institutional demand zone offers a higher-probability and better risk-to-reward setup.