USDJPY BUYSETUP

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USDJPY BUYSETUP US Dollar / Japanese YenCAPITALCOM:USDJPYNostraCapital Bullish Market Structure Confirmed USDJPY has flipped bullish after sweeping the equal lows formed around 159.85on June 14. On June 11 price aggressively swept the equal highs at 160.55, triggering a sharp sell-off. That move created a pair of equal lows around 159.85 on June 12 and June 14. The second test swept liquidity resting below those lows, tapped into a bullish Order Block, and sparked a strong reversal. The bullish shift was confirmed with a Break of Structure above 160.30, signaling that buyers have regained control and market structure is now favoring further upside. Trade Plan Rather than chasing price at current levels 160.358, the higher-probability play is to wait patiently for a retracement into the 160.15 – 160.20 region. This area aligns with the CHoCH level*and offers a premium zone for long positions. 📍 Entry:160.18 🛑 Stop Loss:159.78 *(below the swept equal lows where liquidity has already been cleared)* 🎯 Take Profit:160.50 *(supply / previous equal highs area)* ⚖️ **Risk-to-Reward:** Approximately 1:3 As long as price remains above the swept liquidity zone, the bullish bias remains intact. A pullback into the entry zone could provide an attractive opportunity to join the trend before a potential move back toward the highs. Patience pays wait for the retracement, then execute the plan. 🚀