Extreme volume

only indicator in this trade set up is volume

please check 6J weekly volume

this is the highest volume since 2013!
and that is meaningful in technical analysis

confluent with fundamental news that Japan government try to protect JPY currency

also you can backtest on weekly chart that
every time bullish engulfing happen with volume this set up work almost every time

however I set RR ratio just 1.5 because this is still considered as counter trend trade

If USD keep strong compare with JPY
Japan will have problem import goods

Hope Japan successfully protect their currency
Hope I can make some money from this trade