FX.co ★ Saim786 | USD/JPY

*USDJPY 1H SMC/ICT Analysis: Premium Sweep + Order Block Short to 161.00* *Current Price: 162.414* *1. Market Structure - Bullish but at Premium* USDJPY on 1H is in a bullish structure with multiple *BOS* up and a recent *CHOCH* to the upside. Price is now trading into the top of the range at *Sellside Liquidity / Previous Highs / EQH* zone around 162.50 - 162.70. This is premium. We also see a fresh *Order Block + FVG* on the right that got price here. Expect rejection or a sweep before continuation. *2. Key Zones - Liquidity + OB* *Supply Zone: 162.50 - 162.70*: Red box. EQH + Sellside Liquidity. Price is tapping this now. This is the best area to look for shorts. *Buy Zone: 162.00 - 162.10*: Green *Order Block + Blue FVG* on right side. This is where price may pullback to before next push. *Discount Buy Zone: 161.10 - 161.40*: *Bullish OB + Premium Zone + FVG* in the middle. This aligns with *Buyside Liquidity / Previous Lows*. *Major Support: 160.80*: Below the blue liquidity pool. *3. Liquidity Targets* Above: 162.70 → 163.00 = sell-side liquidity sweep. Below: 162.00 OB → 161.40 → 161.00 = buy-side liquidity. *4. Execution Plan* Bias: *Bullish above 161.00, but short from premium* *Scenario 1 - Sell*: Sell the sweep of 162.50 - 162.70 EQH. Wait for 15M *bearish CHoCH + bearish FVG* for entry. *Entry*: 162.55 Limit Sell | *SL*: 162.80 | *TP1*: 162.00 | *TP2*: 161.40 *Scenario 2 - Buy*: Buy the retest of 162.00 - 162.10 OB/FVG or deeper at 161.10 - 161.40 Bullish OB. *Entry*: 162.05 Limit Buy | *SL*: 161.80 | *TP*: 162.70 *5. Risk Management* Risk 0.5% - 1% per trade. USDJPY moves fast during Tokyo and US session. Keep SL above EQH for shorts. Take partials at 162.00. Don’t chase longs at the top.

*Conclusion & Outlook* Price is at premium liquidity. We got CHOCH up, BOS up, and now testing EQH. *Key ICT Rule*: Buy discount, sell premium. Let price sweep liquidity at 162.60, then look for shorts back to 161.00.