EURJPY Shooort!

This price has been on its bearish momentum since it hit its ATH at 175. Considering that I use chart patterns to trade, I will use a fibo chart to analyse the events going on in there, since the movement has been too volatile and the trends are too steep to make any chart pattern.

Let us wait for the price to hit the 0.5 fibo area, and we can make an entry position from there, based on the candle stick that will close on that area.