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EURJPY-H4-Joining the new downtrend

Short
Euro / Japanese Yen (OANDA:EURJPY)  
FullTimeTrader  
OANDA:EURJPY   Euro / Japanese Yen
Trend Analysis Wave Analysis
11
4
trendanalysis waveanalysis
According to my long term analysis i think this pair is starting a big correction.
EURJPY-D1-Nice fib golden zone for a long term short
Its not late to join this move. Right now price is making a pullback after making a NHL (new structure low).
We can see:
- strong structure as resistance
- 0.50 fib retracement
- Elliott wave 2 or B
- price is testing broken trendline
- convergence on MACD

Potential targets:
- AB=CD (blue line)
- 1.61 fib extension

Best regards

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