EURJPY: Building a case for entry

FX:EURJPY   Euro / Japanese Yen
Looking a a structure based long opportunity here as price actions looks to retest previous structure support . We've got a combination of multiple harmonic moves lining up with a Fibonacci cluster and of course structure looking left. As of now I'm waiting to see how price action reacts within this zone before committing to an entry.
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wow I followed your trade and it's great! Awesome job Akil
Akil_Stokes djshine_85
I took a partial position off at the structure level right above the 139 even handle and my initial stops were in the 13820's. They're now at breakeven to protect the open position
sag.deconinck Akil_Stokes
I was sleeping I have missed it. No problem
Akil_Stokes sag.deconinck
Yup they'll be more
Akil_Stokes djshine_85
Thank you djshine_85
Hey Akil, Where would your Stops And Targets Go if you long this pair?
Hi Akil, will we be looking for the 0.382 of the abcd pattern for first targets, as its around the 139.100 resistance? Or would you let structure determine profits?
sag.deconinck BronzeTeeth
On this moment all the pricebars are inside bars so that could mean continuation to the downside on the 15m. Still waiting for confirmation of a direction.
On the daily whe are still in a very Bearisch direction. So maybe whe going to break the the AB=CD pattern. Also on the 1h.
RSI is showing Oversold so keep an Eye on it.
For me personaly: Im waiting for a confirmation in some direction.
Akil_Stokes BronzeTeeth
Structure is going to be more important to me than fib ratio's when deciding where to take profits. So I always default towards structure levels with the exception of advanced patterns
I have the identical analasys Akil, you can see my the chart in my post.

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