The EURJPY of the forex market did not totally break the support line a while ago as seen on the left image, but instead just bounced back up and made a new support. Good thing I was still able to take profits in the earlier trade. Now, a new support line is made seen in the images above as for my technical analysis.
I shorted the EURJPY again @120.52 as I see a overbought in the stochastic and a bearish signal in the MACD both in the 1-hour chart. Stop loss placed @ 120.85 (33pips).
Updates:12am 3-3. Stops hit. Lost 33 pips as seen in the right image.