Short USDJPY

There is a great opportunity in USDJPY this week. It looks that the last weeks uptrend is finished.
The setup is great, I shorted from a little over R61 weekly fibbonaci level with SL at R78 and TP at PP.
RR 1:4.5

Trade active:

SL moved to entry. 2 possible scenarios now: The trade closes at Break Even or at Profit

Trade closed: stop reached