EURJPY setup for shorts

FX:EURJPY   Euro / Japanese Yen
98 3
Selling on a 3rd wave down, SL at invalidation if it breaks upper channel line.

A longer term view:
I didn't get how you label wave 4??
TradingEW leharman
If it's the wave {iv} on the first chart you're concerning about, here's the decomposed minor waves of {iv} with a truncated (failed) v. Hope that helps:
TradingEW leharman
Or wave (4) on the 2nd chart:
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