(1) The main (in color red) of the USDJPY starting from January 26, 2016 (not shown here). The only for price that meets with the shown here is ~113.053. Price proceeding to close above the could result in a rally in the USDJPY . Price close above ~113.144 implies resumption of from ~104.588.
(2) The in the USDJPY that contains price swing from ~104.588 to 113.144. Price broke out of the channel on the July 26, 2018, and the meandering price action of the USDJPY as captured in a in (3) implies a possible change in the trend.
A price close above ~112.278 would see price vacate the and price high made on August 1, 2018, which could be used as an earlier entry point into a move than price high of ~113.144.