EUR/JPY Potential Short Set Up Forming. **Not Confirmed Yet**

It appears that price action is wanting to break the resistance level that previously acted as smaller channel in a descending wedge. If we see a confirmation we are taking a short position to the 120.7 area. If it confirms a bounce we are taking a long position and riding it back up to the 129 ish level.

Always practice proper risk management, if you don't know how please contact me, I'd be happy to help.