EUR / JPY: Daily: descending trend and short-term correction.
Price on resistance 128.15 - bearish flag
price action: Forex bearish reversal candle pattern - Three inside down
Revarsirasht bear bar, which increases the likelihood of a fall
Fibonacci correction 61.8% of the last upward movement
Indicators: Stoch rotates and moves below 80, negative signal for possible downgrade in downtrend
RSI still above 50 and CCI above 0 but they lag behind price action signals
Possible sell cake after correction to 127.25 to minimize risk and lower stop
SL: 128.32
Alternative scenario: Possibly passing the price above 128.25 will negate the negative formation.
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