USD/JPY – Weekly SMC Plan1. Weekly Bias
USD/JPY is showing signs of losing bullish momentum as multiple BMS (Break of Market Structure) events appear near the highs. The market keeps generating liquidity grabs, indicating potential distribution.
➡️ Weekly expectation: Bearish bias – priority is Sell from Premium zones.
2. Key Zones (based on your chart)
🔴 SELL ZONE (Primary)
155.000 – 155.300
This zone aligns with:
Premium pricing of the H4 structure
Repeated liquidity buildup
Bearish Order Block
➡️ Expect a rejection from this zone → BOS downward.
🟠 BUY ZONE (Temporary Pullback Zone)
154.000 – 153.800
This is not a trend-buy zone; it’s only for:
Imbalance fill
Short-term liquidity sweep
➡️ Only consider small intraday buys here.
3. Structural Notes
Multiple BMS at the top → strong distribution signal.
Liquidity pools & “Old Fail” zone sit around 153.300 – 153.000 → high probability target.
Final downside objective lies at the major SSL at 152.500 – 152.000.
4. Weekly Trade Plan
Trade 1 – Primary Sell (High Priority)
Entry: 155.000 – 155.300
SL: Above 155.400
Targets:
TP1 → 154.000
TP2 → 153.300
TP3 → 152.500 – 152.000 (Major SSL target)
Logic: Tap into premium → liquidity sweep → downside continuation.
Trade 2 – Pullback Buy (Secondary)
Entry: 154.000 – 153.800
SL: Below 153.700
TP: 154.700 – 155.000
Logic: Short-term retracement buy only; not for swing holding.
5. Weekly Summary
Main bias → Bearish
Only look for buys inside the small pullback demand zone.
The cleanest setup of the week:
Sell from 155.000 – 155.300 targeting the major SSL below.
