USD.JPY - Short Opportunity ( 113.249 > 111.775 > 111.422 )

Currency pair - USD.JPY ( Blue )
Chart timeframe - 4hr
Area of interest - 113.249 & 114.325
Chart pattern - Bearish Cypher

Potential target 1 - 111.651
Potential target 2 - 110.676

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Currency pair - USD.JPY ( White )
Chart timeframe - 4hr
Area of interest - 111.775 & 112.090
Chart pattern - Bearish Bat

Potential target 1 - 110.745
Potential target 2 - 110.106

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Currency pair - USD.JPY ( Pink )
Chart timeframe - 4hr
Area of interest - 111.422 & 111.690
Chart pattern - Bearish Bat

Potential target 1 - 110.526
Potential target 2 - 109.971

Comment:

Price has now invalidated Bearish Bat ( Pink )
Both Bearish Bat ( White ) & Bearish Cypher ( Blue ) are still valid

Comment:

Smaller bearish setup on the 1hr TF.