(USDJPY remains structurally bullish on the higher time frame. The market respected the rising blue trendline, broke above the previous support zone, and shifted that zone into new demand.

After the impulsive move higher, price is now going through a controlled correction, drifting back toward a key area of confluence:

the rising trendline + former support zone.

! This is exactly where trend traders pay attention. As long as price holds above this intersection, the plan is simple: look for trend-following long setups, aiming for continuation in the direction of the dominant trend.