#EURJPY - you can see that in the 8H chart it has broken all its decending trends so its going up very strongly, so lets take a look at it in a lower time frame and see what its doing..

#EURJPY - we can clearly see the bullish flag pattern forming in the 1H chart, so this is how I expect the price to move up this week.

#EURJPY - I put in a small sell order at 128.450 with a 300 point stop loss. I'm tryin to sell it from the top of the flag to its buttom, which is a risky move since we are in a strong acending trend. so I think its safer for you guys to wait and get in on a buy setup when it touches the buttom of the flag pattern at around 127.500

#EURJPY - sell limit at 130.135 with a 420 points stop loss and a 600 points take profit