Here on the Daily chart of EUR/JPY we have a potential short position setup into next week.
The green box indicates the previous structure resistance.
With this being a strong resistance area we feel this should act and hold as strong structure to potentially get short on this pair, taking a number of Fibonacci's to indicate potential targets and support levels.
The candle formations are more visible on the 4h and 1h charts, however the previous structure is less viable hence the daily chart.
Good luck.
The green box indicates the previous structure resistance.
With this being a strong resistance area we feel this should act and hold as strong structure to potentially get short on this pair, taking a number of Fibonacci's to indicate potential targets and support levels.
The candle formations are more visible on the 4h and 1h charts, however the previous structure is less viable hence the daily chart.
Good luck.