EURJPY weekly analysis Nov 11 - Nov 15

2019-11-11 11:59:33

EURJPY break down sideways pattern (again), last week we have false break and this pair cannot break resistance.

after break down sideways pattern, EURJPY perform bearish flag .
This is a good sign for bearish .

If B line break down with 1 candle full, we can set short sell with 3 target :
119.82 at suppport 1
119.56 at bearish flag projection
119.22 at support 2

USe your money management system for stoploss, but technically best stoploss above 120.45

If flag resistance break up, bullish target at trendline resistance

Good luck,
may profit be with you