New Years Short

EURJPY Daily - On the daily time frame we can see price breaking below and closing below past support now becoming current resistance
4HR - We can see price has retested the structure level has also hit the 38.2% Fibonacci level and 127.000 round number as added confluence
1HR - trigger chart we can see price has just broken the counter trend line with momentum and has now retested it.
IF price can hold and find new lows THEN I believe this is a good shorting opportunity.
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Harmonic PatternsTrend Analysis

Penafian