On a day candle, USDJPY has formed double bottom with a very strong bullish engulfing candle. I am already long from Support 1 (113.300) and will hold it for TP 2 (116.200)
Trade active:
On daily basis, the price might resist for a while at the upper channel line but if i look at it with 4hours, i see three strong bullish candles (three White Soldiers?)