Long term view. The price entered into the supply zone .
Expectations:
A) Bouncing down from red supply zone (resistance).
B) Breaking above that supply zone (resistance) means flipping into demand zone (support).
Let's see the chart unfolding:
https://www.tradingview.com/chart/EURJPY/hDg0MobX-EURJPY/
UPDATE: Looking for SHORT - see the tradingview link for more info.