-RSI H1 oversold
-RSI H4 oversold
-Inverted Hammer on H4 in the making
-1.61 Fibonacci Target hit

Longing a position on USD/JPY would still be in confluence with higher timeframes

Attention:
-Wait for further confirmation
-Wait until candle closes
-Trade with proper risk management
FibonacciTrend Analysis

Penafian