Trade Setup: USD/JPY Short

I’m looking to get short in the 107-108 area. This seems to be over bought and the top of a downward sloping channel.  We’ve got a couple of missed pivots it would be nice to pick up at 107.119 and 108.152, though that second one would bring us out of the downward channel.

UPDATE: I’m in at 106.85 and looking for more at 107.85.

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