on the EURJPY
after a break down though a strong resistance level
, marked by the pink line. price over the last few trading days has rejected it. we now have a nice candle, (that as im writing has just triggered me into the trade.) that in between the 10 and 20 MA and show rejection of the 133 level. my entry is the break of the candle and my stop is above the swing high. on this trade you can reach 1:1 before the most recent lows and i see more downside in this pair.