It's been a few days since 200+ pip moves, and price is moving into a more defined range.
On the long side now is not a bad time to buy.
On the short side, if you can wait for confirmation at the long's stop, it may just increase your chances.
Reference other JPY pairs if you need more information.
Update: it moved up 10 pips while I was typing, long side is no longer a good buy, don't chase it.