usdjpy 1h compression bulls may target 137.00

🔸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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