EURJPY

No surprise that another JPY pair is at/nearing resistance:



dl.dropbox.com/u/20815047/EURJPYdaily15_11_12.gif

I'm already short on this with a stop at 103.9 above the left shoulder high of 103.858:



dl.dropbox.com/u/20815047/EURJPYdaily15_11_12a.gif

The hourly view appears to have formed a bearish RSI divergence and a hanging man candle right at this resistance too:



dl.dropbox.com/u/20815047/EURJPYhourly15_11_12.gif

Ha! And I thought you were gonna start talkin 'rounded bottoms' again.....LOL!

This one looks like its breaking out of the down trend line thats been in play since oct 2009

This is the reason i always say short only on first attempt of a trend line.

Im actually long on this now as im expecting higher prices to follow now that its breached the trend line. Obviously a few hours remaining in the day so hopefully will finish the day above the trend line.

DYOR

This also is starting to look like its gonna try and break out

DYOR

shooting star at resistance. Possible short.
the signal has already been given but i find that the price has a habit of going half way up a shooting star before going back down so there is still a chance that you can short from a better position.
Ive closed my earlier longs for a nice 500 point profit