EURJPY - Fib Retracement Trade

On the daily chart, the candle consolidates at the head and shoulders completion and end off with a long shadow candle, such candle formation shows a weakness in the continuation of a bull run. Hence, I'm waiting for a pullback into the Fibonacci retracement zone at 38.2%-50.0% for a shorting opportunity.
askforex100Candlestick AnalysisCandlestick analysiscountertrendEURJPYfib50FibonacciFibonacci RetracementlongshadowTrend Analysis

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