USDJPY | Weekly Context
Price has hit IDM and formed a valid Order Block.
No trades yet – we are waiting and observing.
🔍 Plan:
Wait for price to return to this OB on lower timeframes (1H / 15m)
Inside the OB, only take trades after structural confirmation:
CHoCH / BOS
Preferably after a Liquidity Sweep
❗️Key Notes:
Not every reaction inside the OB is a buy signal
OB is more reliable if lower-timeframe liquidity has been collected before entry
Wick alone doesn’t matter; weekly candle close is the decisive factor
⚠️ OB validity:
The OB remains valid as long as weekly candles don’t close below it
If weekly close occurs below OB → the OB loses validity and the scenario is canceled
Patience is key – observe first, execute later.