Possible Short Entry in EUR / JPY 21/12/19

1) Short-term downtrend after candle close below MA (9).
2) Possible creation of a bearish channel consisting of lower recent highs.
3) Possible breakdown of the 100% fibonacci level.
4) Stochastic in positive zone with possible bearish direction.

Setup:
Entry= 121.477
SL= 122.225
TP1= 121
TP2= 120.626
TP3= 120.363