USDJPY: Will This CRT FVG Hold After the PWL Sweep?Price action on USDJPY reflects a clean execution of Candle Range Theory (CRT). Following a sweep of the Previous Week’s Low (PWL), price reacted from a higher timeframe demand zone, grabbing sell-side liquidity before printing a bullish Break of Structure (BOS). This BOS confirmed a shift in market intent and set the stage for a retracement into a clearly defined Fair Value Gap (FVG). I refined the entry on the 4H chart, waiting for price to return to the FVG zone, with risk placed just below the sweep wick. The target is mapped to the next logical supply above a cluster of equal highs and prior inefficiency. This setup reflects a high-conviction CRT play, built from top-down analysis and confluences rooted in market structure, liquidity, and imbalance logic.
