Buy the break of the top TL aiming for first target Fibo extention of 100%FE next maybe 161.8FE before ABC correction to the downside.
Price might also develop in a range, first TP top of the range next TP1 0.9040 TP2 0.9250 from where I will look for heavy sells.
SL below last low before the break of the top TL.
As Long as the last LOW is respected this bullish divergence followed by a bullish convergence could indicate we will see at least a retrace towards 50% Fibo Retracement of the last wave down. As this last triple cycle down is again the third leg of another bigger cycle, price might even retrace higher.
As long as the last low is respected buy ripple with first...
USDJPY Sell Idea
This pair made a bearish divergence followed by a bearish convergence that retraced towards 50% FR.
Sell the break of the bottom TL protecting above last high + spread.
First target is 50% FR of the triple cycle 112.70