🔸speculative buy/hold setup for USDJPY bulls, compression. Recently rejection from overhead resistance at 133.55. Compression into triangle formation in progress now.
🔸Noteworthy sequence of higher lows at 130.25, 131.00 and expecting another higher low at 132.00 after pullback.
🔸Recommended strategy bulls: seek to buy/hold near 131.00 stop loss below latest lows and TP1 +250 pips TP2 +350 pips. Nice compression setup and final TP set at 137.00. buy/hold.
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