USDJPY is trading within an expanding wedge pattern.
Today the price formed a double bottom within that.
108.55 - 109.0 is a current narrow trading range.
Wait for its resistance breakout (4H candle close above)
and then buy on a retest.
First goal will be - 109.7
In case of a bearish breakout of a support of a range, setup will be invalid.
Note
Check my new analysis on AUDCAD: 
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.