WaverVanir DSS Trade Plan – JPYUSD=X (July 6, 2025)🧭 Directional Bias: Bullish Reversal from Discount Zone
📉 Current Price: 0.006919
🧠 Thesis:
Price reacted strongly from the Discount Wick Low Zone (≈ 0.006885–0.006856).
The current structure shows:
✅ CHoCH to the upside near the EQ
✅ Volume cluster support at 0.00691
🟦 Liquidity sweep occurred at prior lows.
Expecting a reversal back into Premium zone toward Fibonacci extension clusters near 0.00707–0.00711.
🎯 Trade Setup: Long JPY/USD (Short USD/JPY)
Element Value / Zone
Entry Zone 0.00691–0.00692 (Equilibrium / 0.618 Fib)
Stop Loss (SL) 0.006875 (below recent Discount Low / 0.786 Fib)
Take Profit 1 0.006978 (0.886 Fib / SMC Break level)
Take Profit 2 0.00707 (1.236 Fib / major OB target)
Take Profit 3 0.007112 (38.2% extension – long-term target)
Risk-Reward TP1 ≈ 2.3:1, TP2 ≈ 3.6:1, TP3 ≈ 5.4:1
🔍 Volume Profile Insight:
Heavy accumulation at:
0.00691 (high confluence of OB, Fib, and volume)
Above 0.00695, price enters "inefficient" zone → price may accelerate rapidly.
Most volume near 0.00692 confirms institutional interest.
🔐 Risk Management:
Max 1–2% capital exposure per position
Position sizing should reflect SL width of ~4.4 pips
Trailing stop once TP1 is reached to protect profits
🔄 Alternate Scenario (Invalidate if):
Price breaks and closes below 0.006875 with high volume
Then, revisit 0.006758 (Golden Zone) as next long accumulation zone
Consider reversing bias if a CHoCH to the downside occurs post TP1 rejection
⏱️ Timeframe:
Holding Period: 2–5 days (swing scalping opportunity)
Suitable for: CFD traders, JPY futures traders (e.g., J6), or FX options buyers
🔗 Suggested Option Strategy (for FX traders using options):
Bull Call Spread on JPYUSD=X or inverse Put Spread on USDJPY
Strike range:
Expiry: July 12–19
✅ Summary:
Execute long from Equilibrium zone (~0.00691) toward 0.00707–0.00711. Strong confluence from Fib extensions, SMC structure, and volume profile validates a reversal.
Protect with tight SL under 0.006875. Scale out at key premiums.
