USDJPY Potential break of structure to downside

FOREXCOM:USDJPY   U.S. Dollar / Japanese Yen
I normally don't trade UJ but just screening my watchlist and saw this structure being created for potential countertrend shorts.
Based on the previous structure break, that could bring it down nearly 80 pips.

JPY is strong today and USD is losing strength. And I am expecting USD to continue bearish today.

COT data shows an increase of shorts and decrease of longs.

Let me know your thoughts.

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pss. As I don't normally trade UJ, very unlikely I enter a trade for this pair. Although I could change my mind if it breaks below 105.4.
Comment: Price is retesting support.
Be careful of a fakeout.
JPY has become weak in the last 2 hours.
Comment: Oh nice. I just got an alert that the price broke below a level I was watching.
It looks like this trade will likely have some continuation.
Comment: Its reallly moving now!
Comment: The result was quite accurate.

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