EUR/JPY - LONG

B:-
• WEEKLY:- This one is pretty interesting, I've been monitoring for a while now i have several factors to suggest that this market is going into a bullish phase, either short or long term.
- WEEKLY > RIGHT:- Showing clear signs of weakness not 1, 2 but 3 inverted hammer formations suggesting a strong possibility for a reversal.

L:-
• Level in which i'm going for is this institutional region, @ 115.0 - 116.0 this is a major region of support. almost a certainty that the market will at the very least respect this level for sometime before making it's overall move.
- Targets is based upon the next level of minor structure support @:-117.182

S:-
• Signal being use is the dual, Dragonfly doji (Suggesting indecision in the market) -
• also.. hammer formation prior to the doji. From that giving us a strong indication of buyers entering the market.
• Followed through with daily rejection

R = 5%

R.R = 1.73

(Trading Journal)
- Trade at your own risk, this is just for me to keep track of my trades and performance