EURJPY: Descending Triangle

EURJPY is currently contracting within a descending triangle formation.
if bears break below the horizontal support of a triangle,
for us it will be a signal to short the pair expecting bearish continuation.

T1 - 117.6
T2 - 117.2

you can also apply a trailing stop because the market has much space to go lower!

stop will be above the last lower high of a triangle.