Long trade

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Long trade EUR/JPYOANDA:EURJPYdavidjulien369Buyside trade idea...? 📘 Trade Journal Entry Pair: EURJPY Date: Fri 7th Nov 2025 Session: New York PM Direction: Buy-side Trade Timeframe: 1 Hour 🔹 Trade Details Entry: 177.239 Take Profit (TP): 178.819 (+0.89 %) Stop Loss (SL): 176.847 (–0.22 %) Risk / Reward (RR): 4.03 R 1Hr TF overview 🔹 Market Context 🧾Price formed a liquidity base below 176.80 after multiple rejections, indicating absorption of sell-side orders. 🧾Subsequent break of structure and clean reclaim above the KAMA adaptive MA confirms short-term momentum rotation to the upside. 🧾The POI sits within a prior discount OB (176.80–177.00), aligning with Fibonacci 0.75 retracement and a key fair-value gap fill. 🧾Volume activity usually increases in the NY PM session, reinforcing institutional participation in the move. 🧾Higher-timeframe bias remains bullish — structure maintains higher-highs and higher-lows sequence since late October. 🔹 Model Type Re-accumulation → Breaker Block → Continuation Model Prior consolidation acted as a re-accumulation zone beneath minor resistance. Entry executed on retest of the breaker block, confirming bullish displacement. Trade targets the upper liquidity pocket near 178.80, corresponding to prior equal highs and premium inefficiency. 🔹 Execution Notes Entry triggered on retracement into the NY PM session fair-value zone (177.20–177.00). SL is placed just below the breaker block low (176.85). TP positioned at equal highs 178.80, ahead of a major liquidity cluster. Confirmation via bullish MGB candle + KAMA cross, ensuring continuation probability. 🔹 Trade Narrative This EURJPY setup follows a buyside liquidity draw from an intraday accumulation range. Price reclaimed structure above 177.00 with clear volume expansion and session alignment. The confluence between structural shift, breaker block retest, and KAMA slope change supports a strong continuation narrative toward the 178.80–179.00 liquidity zone. The trade represents a controlled intraday continuation play within an already established bullish environment.