It is clear that it is time to enter buy on USD JPY.

FX:USDJPY   U.S. Dollar / Japanese Yen
272 0 1
The idea is based on a simple strategy Moving average, that is described here
Trade on h1. According to my expectation the trend will turn around at the resistance level , so it is an idea to set take profit over there.
Also the stop loss shall be placed not higher than 119.400
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