In my previous USDJPY idea, I cut losses prior to the third wick down taking out my stop loss. Could it have been a stop hunt?
Now price has failed to break below the support zone multiple times, almost like a triple bottom. Now on the H4 we can see a pinbar followed by 3 white knights candlesticks; momentum might be starting to build up.
Idea is still the same as my previous idea. Good luck