EURJPY Forecast

EJ has been ranging for the longest time and after recently creating a high at 127.080 that high has been retested and respected. Followed by a strong bearish candle on the Daily time frame.

To confirm the bias I would like to see:

• price break past and possibly see a close candle under 125.690 then;
  
• retracement back up (no higher than 126.500) for a smart money entry before a move down with great RR
  

[I]PS: Newish to trading I post these for accountability and as a journal