JPY - HTF Bullish | Continuation Framework in Play
The Japanese Yen remains bullish on the higher timeframe.
Price has broken major higher highs, establishing a clear stair-step uptrend. During this process, liquidity was turned and taken, followed by a clean mitigation of the mid-term order block, which had been well-refined over the weekend. Price reacted decisively from that zone, breaking highs and confirming a lower-timeframe market structure shift in favor of continuation.
At this stage, I am not chasing price.
My expectation is for price to:
distribute
rebalance
fill nearby inefficiencies
and mitigate the order block sitting beneath minor internal liquidity
Once that corrective process is complete and alignment is confirmed, I will look for continuation toward the next set of highs.
Trendlines are applied strictly as guardrails, not as trade signals — used only to monitor whether the higher-timeframe trend remains healthy and intact during the pullback.
As the market opens this week:
No anticipation
No forcing execution
Observation over action
Patience is the key.
Tracking is the edge.