USDJPY — Q3 W35 Mid-Week Forecast Top-Down Analysis |

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USDJPY — Q3 W35 Mid-Week Forecast - Top-Down Analysis |


mid-week forecast for USDJPY — let’s break it down top to bottom:


🕰️ Weekly Outlook:
No clear structure or trend bias from the weekly candle 🕯️

However, price closed below the Weekly 50 EMA 📉, leaving a bearish upper wick
This signals a possible continuation to the downside this week


But — as always — wicks tend to get filled first on lower timeframes before short setups play out


📌 Key Reminder:
"Sell from the highs, buy from the lows." 🔁


📆 Daily Structure:
Daily candles have been pushing into lower-timeframe POIs

This aligns with potential sell zones, building confluence
If candles continue to push up, we're watching closely for rejection from the Weekly 50 EMA


⚠️ Don’t be thrown off by a bullish weekly candle midweek — we're anticipating a rejection wick and bearish close.

Let structure confirm.

⏱️ Lower Time Frame Confluence:

🔻 Primary Short Bias (High Confidence Zone):
🔸 4H POI containing:
A clean Order Block (OB)
A void (imbalance)
🔹 Within that, a 1H OB + void adds strong confluence 🔐


Once price enters the zone:

⬇️ Scale to 5-min
Wait for Break of Structure (BoS)
Execute the short ✅


🔺 Optional Long Setup (If Structure Shifts):
While short bias is primary, longs are not off the table

A separate POI based on 4H / 1H / 15' exists for a possible long

If price hits this zone:
Wait for LTF BoS (1' or 5')


Consider long entries, only if confluence stacks

🧠 Key Takeaways:

Weekly close below 50 EMA = bearish tilt, but lower timeframe confirmation needed


Let the wicks fill before forcing shorts

Only take longs with strong confluence

As always — one trade at a time, risk managed, confluence stacked

Trade safe, stay disciplined.


FRGNT


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snapshot

USDJPY

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