EURJPY short
Option 1
Wait for retracement 50%, sell at 124
Option 2
Sell below 121.7 (wave 1)
target 1 =119 (trendline)
target 2=118
This is fibo 1.618 from 128 decline
and fibo 2.618 from 141 decline
it is also possible 119 is not respected and wave 3 goes directly 118 below,
in that case wave 5 target would be 115
Option 1
Wait for retracement 50%, sell at 124
Option 2
Sell below 121.7 (wave 1)
target 1 =119 (trendline)
target 2=118
This is fibo 1.618 from 128 decline
and fibo 2.618 from 141 decline
it is also possible 119 is not respected and wave 3 goes directly 118 below,
in that case wave 5 target would be 115
