EURJPY Potential Short

EURJPY has retreated from and consolidated near its recently formed highs around 131.000.

I'm looking for a break of the pair's recent short term trend to sell down to 125.000, the area of structure created from May to June of this year.

A break of the descending trend of the recent daily peaks would cause me to cancel this Sell Stop Order.
Supply and DemandSupport and ResistanceTrend Lines

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Penafian