0902 WK4 EURJPY being rejected again , down for 260 pips

EURJPY has been rejected from the red R/S zone with 7 weeks sideways moevement at the end of 5th wave.

And it start to drop 2 weeks ago.
A very weak support for it to rise up back to the middle line of BB in the last 2 weeks. But the signal sent from last week show us a signals bias to sell.

The new 3rd wave on weekly chart could drop down to the next bottom for 260 pips max. And 550 pips to go with if EURJPY down to the bottom or lowest low in the last 6 mths.

Good luck on finding out your entry to sell next week.

LESS IS MORE!