USDJPY — Reaction First. Direction Later.

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The curved path on the chart isn’t a promise.
It’s a framework.

On the 4H, price is pressing into a bearish WCL while completing a bullish C target.
That combination usually invites a reaction, not an instant continuation.

So my first expectation is a short-term push lower.

Now the important part — the Daily.

Yes, there’s a pink WCL below.
No, it’s not mandatory.

Price can:
  • Dip toward that zone and miss it
  • Or react earlier and continue higher

The WCL is a magnet, not a requirement.

What actually matters:
  • If price reacts lower and sellers fail, I look for continuation higher
  • If price doesn’t react lower at all and instead displaces cleanly above the current range, that’s strength — and I expect price to go higher without the deeper pullback

The higher Daily C target (~162) remains unfinished until proven otherwise.

I’m not married to the path.
I’m married to how price behaves.

Not financial advice. Just my personal view.

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