FX:USDJPY   U.S. Dollar/Japanese Yen
143 3 2
Short in place, several factors support the argument :

1) Below 2014 high
2) Below key 120 level
3) Descending channel pattern
4) Below future kumo cloud
5) Descending RSI

Stop @ 120.5
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UPDATE : Reduce exposure and move stop @ 119 . Possible reversal at base of Kumo cloud, Increase again exposure if breaks again below 117.5
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UPDATE : Pair reversed as expected and waiting reaction at current levels of Kumo Cloud. No risk on this trade. If we close above 119 it will probably resume uptrend
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UPDATE : Slowly grindling lower , move stop @ 118 to lock in profits
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