Selena | USDJPY–Japenese Yen |Demand Hold After CHoCH |BUY SETUP
USDJPY 
After breaking the previous internal bearish structure (CHoCH), price continued higher and formed higher highs and higher lows inside an ascending channel. A liquidity sweep below the channel followed by strong rejection suggests smart money accumulation. Price is now reacting from demand, favoring continuation toward upside liquidity and previous highs.
Key Scenarios
✅ Bullish Case 🚀
As long as price holds above the marked demand zone and channel support, continuation toward upper channel resistance and external liquidity remains the primary bias.
🎯 Target 1: Channel high
🎯 Target 2: Previous high / buy-side liquidity
🎯 Target 3: Trendline extension
❌ Bearish Case 📉
A clean breakdown and close below the demand zone and channel support would invalidate the bullish continuation and expose price to deeper retracement.
Current Levels to Watch
Resistance 🔴: 157.20 – 157.70
Support 🟢: Demand zone + channel base
⚠️ Disclaimer: This analysis is for educational purposes only. It is not financial advice.
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Selena LIVE Market Capture
And LIVE Gold Signals here
t.me/Selenaforex
And LIVE Gold Signals here
t.me/Selenaforex
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.