FX:USDJPY   U.S. Dollar / Japanese Yen
Four bullish reasons confluencing at the same time!

Bullish Reasons
• price around 200 sma
• lower bollinger band 4h (for UJ pair, price appears to rarely stay too far lower 4H bband)
• lower daily channel
• support on channel resistance\

Look at the last 4HR that burst above the upper bollinger band around 3 am the previous night. Notice how price reversed there?
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.