Market structure: Up trend Chart pattern: Inverted head and shoulder and break neckline.
Price break resistance and retest in the down trend.
Price break the support then retest and form as head & shoulder patterns.
Price retest and reject at the resistance level
Reasons -Rejected the support level -Breakout
USDJPY Short opportunity, According to: 1. Market structure is downtrend. 2. Price rejected the resistance.