EURJPY - Probable Short Coming Up, this is Why!

1. We are in between 50 and 61.8 on a weekly Fib,

2. This is a Resistance Area from the Daily Chart

3. High volume up Waves but without the respective pip move

4. Plutus Reversal Short

5. Last wave is Fast without any significant volume but it is still forming

On break line will be my short entry.