EURJPY 15mn chart- Thursday was a bullish trading day, then Friday was a consolation in PA trading day. Per chart PA has made a FLAG pattern. My opinion, 1st day of trading will be bearish, please refer to Fibonacci Retracement indicator on top of chart. This will show possible Support & Resistance areas for traders to enter and/or exit trades.
Noted: Support and/or Resistance area are:
1) 117.100 at 0.382%
2) 116.800 at 0.500%
3) 116.500 at 0.618%
4) 115.500 at 100%
Best indicators to use are: Eyes & Brain. Price Action, Trends, Support & Resistance area will all assist in making your trading successful. Next week's trading will have more volatility, so breakouts of consolidation areas would help on higher time frame trades. Good Luck!!
Noted: Support and/or Resistance area are:
1) 117.100 at 0.382%
2) 116.800 at 0.500%
3) 116.500 at 0.618%
4) 115.500 at 100%
Best indicators to use are: Eyes & Brain. Price Action, Trends, Support & Resistance area will all assist in making your trading successful. Next week's trading will have more volatility, so breakouts of consolidation areas would help on higher time frame trades. Good Luck!!