Trade Idea EURJPY Buy (Bullish continuation after consolidation)Euro vs Japanese YenFXPRO:EURJPYOnerPair: EUR/JPY Timeframe: H4 Trade Idea: Buy (Bullish continuation after consolidation) Entry Zone: 187.00+ Stop Loss: 186.00 Take Profit: 189.70 Technical Rationale: Price is currently consolidating after a strong bullish impulse, forming a symmetrical triangle / pennant structure just below recent highs. This type of pattern typically acts as a continuation setup, especially after a strong uptrend. The market structure remains bullish with higher highs and higher lows. The triangle shows compression of volatility, indicating a potential breakout. Price is holding above the key support zone around 186.0–186.3, which aligns with the stop level. A breakout above 187.0 confirms bullish momentum and continuation toward the next resistance. Target Justification: The 189.7 level corresponds to the next resistance zone and projected move from the triangle breakout (measured move). Trade Management Notes: Wait for a clean break and hold above 187.0 (avoid false breakouts). If price breaks out strongly, consider moving stop to breakeven after partial progress. Watch for rejection wicks or volume spikes near entry for confirmation.