LIQUIDITY MATRIX
USD/JPY · USDJPY · H4 · updated Mon 19 Oct 13:25 UTC

Where the stops sit in USD/JPY right now

Last price 158.289 · candle of Mon 19 Oct 13:00 UTC

Highs above and lows below the last price that have not been traded through since they formed. Stops usually rest just beyond them. Found by code on real candles (MetaTrader).

M15 structureBullishhigher high and higher low
H1 structureBullishhigher high and higher low
H4 structureBullishhigher high and higher low
D1 structureRangemixed swings (no clear higher or lower structure)
Latest liquidity sweep (H1)
Sell-side liquidity taken

H1 wick below the low 157.930, closed back inside · Fri 16 Oct 02:00 UTC (34 H1 candles ago).

Session clock
Loading the session clock…

Previous day high158.340Fri 16 Oct
Previous day low157.694Fri 16 Oct
Week high158.398Mon 19 Oct
Week low157.700Mon 19 Oct

Levels to watch

USDJPY H4 chart: above 158.398; above 158.949; below 157.694 – 157.853; below 156.376; below 155.337
SideLevelFormedWhy it matters
Above158.398Mon 19 OctThe week's high: buy stops above the top of the week.
Above158.949Wed 14 OctA swing high from Wed 14 Oct, not traded through since.
Below157.694 – 157.8536 Oct · 7 Oct · 13 Oct · 16 OctPrice reached this zone 4 times and no candle closed below 157.694. Sell stops sit below it.
Below156.376Wed 30 SepA swing low from Wed 30 Sep, not traded through since.
Below155.337Thu 17 SepA swing low from Thu 17 Sep, not traded through since.

Two scenarios to watch — not a prediction

Sweep above

Price runs up to 158.398, then 158.949. Watch whether it closes back below (a sweep that fails to hold) or keeps closing above (a breakout that has to be respected).

Sweep below

Price runs down to 157.694 – 157.853, then 156.376, then 155.337. Watch whether it closes back above (stops taken, buyers return) or keeps closing below (the move continues).

Educational scenario

Educational scenario · سيناريو تعليمي

No scenario right now

A scenario appears only after a confirmed liquidity sweep on H1 with an untouched level on the other side worth at least 1.5R.

Scenario log — every one, with its outcome

No closed scenarios yet on this market. Outcomes are read from the candles; spread, slippage and commission are not included. Full log: scenarios.json · track record.

Sessions: Asia · London · New York

Each session's high and low is a pool of stops. Which ones were already taken, and did price reject them (closed back inside) or accept them (held beyond)? Now: New York.

SessionHighWhat happenedLowWhat happened
Fri Asia 00:00–07:00 UTC158.185taken Fri 16:30 UTC by New York · rejected (closed back inside)157.796taken Fri 13:45 UTC by New York · rejected (closed back inside)
Fri London 07:00–12:00 UTC158.092taken Fri 13:15 UTC by New York · rejected (closed back inside)157.821taken Fri 13:45 UTC by New York · rejected (closed back inside)
Fri New York 12:00–21:00 UTC158.340taken Mon 12:30 UTC by New York · rejected (closed back inside)157.694untouched — stops still there
Today Asia 00:00–07:00 UTC158.147taken Mon 07:45 UTC by London · accepted (held beyond)157.700untouched — stops still there
Today London 07:00–12:00 UTC158.279taken Mon 12:15 UTC by New York · accepted (held beyond)157.878untouched — stops still there
Today New York 12:00–21:00 UTC158.398forming now158.223forming now
  • Today Asia high 158.147 was taken Mon 07:45 UTC by London: accepted (held beyond).
  • Today London high 158.279 was taken Mon 12:15 UTC by New York: accepted (held beyond).
  • Nearest resting sell-side liquidity: Today London low 157.878.
  • So far London took only Asia's high. In the last 20 days that happened 9 times, and New York then took London's low 3 of 9 times (33%) - small sample.
  • Recent history (20 days): London took Asia's high 55% and low 35% of days; New York took London's high 65% and low 45%.
The session counts describe what happened in the recent history (with the number of days). They are not a signal or a prediction.

Live chart

Live chart by TradingView (their price feed: it can differ slightly from the broker candles our levels are built from).

Weekly outlook · 2026-W43

Last week high158.94912 Oct – 16 Oct 2026
Last week low157.54612 Oct – 16 Oct 2026
Last week close157.977-0.09% on the week · lower third of the range
Last week range1.40351% of the 8-week average

Nearest untouched daily level above: 158.949 · below: 157.546. Full weekly outlook →

These are levels where stops are likely to sit, not entries. Price can go through any of them. Always use a stop loss and keep risk small — a common rule is 1% of the account or less on a single trade.