EURJPY - LONG POSITION (8HR)

Overall bullish on EUR and JPY so kinda conflicted on this pair despite confluences stacking up. Need to see candle rejections in order to re-enter as I have already taken significant pain on this trade.

Confluences:
- Bullish market structure confirmed by trend line and breakout and retest of downtrend
- Rejection of blue region
- Rejection of 71% fib area
- significant rejection candles at the fib level