With the overall trend being long I have decided to end my USDJPY short for now and place a retracement trade for 40 pips long.
Comment:
Retracement Fibo places the target within the pull back zone of 50-62% from yesterday's high and low.
Trade closed manually:
Decided it didn't look good. I am back short to 113.10
Comment:
Would have worked after all. Thanks Mike