EURJPY Long

Looking at the weekly chart we can see an inverse head and shoulders forming, Price is currently at the top of the right shoulder, in my eyes this a bullish sign

Moving down to the daily chart Friday's candle formed an engulfing candle confirming that long bias

On the 4 hourly chart the 50 EMA has been broken also price has broke thought previous resistance level of 124.84 and made a higher high more confirmation of a long bias

I will now be looking for a buying opportunity I believe the price will come down to retest this previous resistance level which is now support, I will be looking for a buying signal around this price level i.e engulfing candle, pin bar candle etc

updates to follow