USDJPYUSD/JPYOANDA:USDJPYtradebywavesUSDJPY is currently moving within a triangle wave pattern, indicating a phase of consolidation before the next major breakout. This structure often develops in Wave 4 or Wave B, suggesting the market is preparing for a larger directional move. Traders should be patient and wait for a confirmed breakout from the triangle to identify whether the next move will be bullish or bearish.