Looking to sell EUR/CAD, holding short USD/JPY

I opened a short UY position a day ago just in time to catch koruda's early 6/10/15 remarks that sent it crashing.  Now 100 pips in the money i've moved my stop to lie in the money between the .382 and and .236 Fibonacci levels of the larger retracement from 125.8 down to 122.5, which incidentally lies between the 0.5 and 0.382 Fibonacci levels of the smaller retracement that began overnight.

One might ask: why would I put a stop in between resistance levels instead of just above resistance? Simply put, its a position I would re-enter if it reversed back up towards the upper resistance band. Strategically a good point to cut the losses on this position is where there is little resistance, somewhere in between pivot points and other heavy resistance levels, so that if I get stopped out it blows through the stop instead of meandering around it. I then can re-enter the position at a better level, essentially saving myself the difference between my stop and new entry position.

In other pairs, EUR/CAD looks technically and fundamentally like a sell right now, so i'm hoping for a small rebound to give me a good entry point, somewhere into the yellow area below: