EURJPY continue its rally on Friday, It reach monthly pivot MM3 + Weekly pivot WM3 + role reversal . Bear looking for monthly MM3 to MM1 ( 121 – 117 ) move.

EURJPY Daily ( 5 Mar , 2017 )

Daily has reach rejection area 121 + role reversal Bear look for monthly pivot MM3 to MM1

EURJPY H4 ( 5Mar , 2017 )

Plan A Bear waiting for rejection about 121 and sell Plan B If it continue go higher and reverse about 123 and sell

EURJPY 15M ( 5 Mar , 2017 )

Entry time frame after The price rejection appear in H4 then use 15M for entry at lower low then lower high to Sell about 121 SL 122 TP 117

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