USDJPY- Bullish Continuation | Cycle Re-AlignmentUSDJPY remains bullish from a higher-timeframe perspective, with price continuing to respect a clear higher-high / higher-low structure. Recent impulse legs were supported by strong momentum and volume, confirming institutional participation during expansion.
From a cycle standpoint:
• Price accumulated within a tight range
• Expansion followed, establishing bullish intent
• We are now seeing distribution pull price back into prior accumulation territory
This retracement is part of re-accumulation, not a shift in bias.
As price works lower, I’m allowing bears to print corrective lower-high structure, guiding price into our HTF point of interest — the orange order block. That process is what builds a firm higher low, positioning price for continuation.
Once price reaches the POI, I’ll wait for a lower-timeframe change in character / structure shift to realign with bullish momentum and target midterm and higher-timeframe highs.
Until then — patience is key.
Tracking remains the edge. Let smart money deliver.
Let’s go.
