I am analysing a long opportunity on USDJPY. This market has been bullish recently in the daily and weekly charts.We can see by using the fib, that in the 4h chart there has been a pullback that has almost broken through the 78.6% but the candle could not close below it. This showed us a sign of rejection that indicates a pullback for the currency pair to then push on to our targets. Then next to this there is a green candlestick that has opened below the 61.8% and closed way above, these two candlesticks also create a bullish engulfing which adds another reason to our confluence.