EUR/JPY has been on our watchlist for a while now, we have been waiting for fundamentals to be strong enough that it breaks consolidation either to the upside or to the downside so we have direction. now as we can see we have a 4h bullish engulfing candle breaking consolidation, what we will wait for now is exhaustion and then entry confirmation on the 1h timeframe to place a trade to the upside to our next major level of sell pressure