USDJPY is approaching a rising trend line on a daily.
The price formed a double bottom pattern on that on an hourly time frame.
To buy with a confirmation, wait for a bullish breakout of its horizontal neckline.
We need an hourly candle close above 146.8.
A bullish continuation will be expected to 147.4 level then.
If the price sets a new lower low on an hourly, the setup will become invalid.
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