Looking to go short on UJ. Since October USDJPY has had a bearish market direction and has been trading within a descending channel. More recently price has closed as a daily bear candle, below a key daily level of support @ 131.44. This can be the first signal to a potential bearish continuation to the key daily level of support @ 126.31. I would like to see a smaller timeframe correction and look to take entries for the continued move down.