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EURJPY analysis on 4H

Short
Euro / Japanese Yen (OANDA:EURJPY)  
DontStopTrading  
OANDA:EURJPY   Euro / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators eurjpyanalysis eurjpyshort eurjpyidea eurjpysignal eurjpysetup
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trendanalysis chartpattern indicator eurjpyanalysis eurjpyshort eurjpyidea eurjpysignal eurjpysetup
My analysis on EURJPY is very simple. Last week the market broke below it's lower by making new lower low, but last Friday it pulled back with a bullish movement and secured a close above the pevious lower low. Next monday morning i am hoping that the market may push back down to 130.30 area and if changes the structure it am going to look for the market to go near 121.60 area, an area where the minor down trend started. Which will be my potential sell area after several price action confirmation. After that we might see an impulse break down to the daily low or even lower as we are still in downtrend.

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