CADJPY Short on lower low

FX:CADJPY   Canadian Dollar / Japanese Yen
CADJPY             has been ranging in between 86.3 and 84.6 for quite a while now. On the 8hour chart a pinbar formed which may signal another reversal. If price moves down sufficiently for a good lower low, there's a good probability it will move down further for a nice 1:2.7 RR trade.

Comments or idea's, please let me know.

Thanks for reading :)
Trade active: Active, but a very slow start
Trade closed: stop reached: I misread this pair and its SR zones, see comment below
Update to why i think this pair had reason to move further. Other idea's about this? please do post!
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