GBPJPY- SHORT

Hey Traders!
NEW week, NEW opportunities!
This setup is one of my favourite for this week. We can see the Daily Trendline has just been broken and a descending trendline has just begun to form. I am looking for the following confluences before I will enter: 1) a touch on the previous level of structure highlighted in pink, 2) a retest off of both trendlines, 3) a reaction off of a fibonacci level or levels and lastly 4) a bearish candle close on the 1HR with the next candle breaking below the previous closed price! The 40EMA has already been broken so I already have one confluence so lets hope the others play out!
Lets have a good week!
FOLLOW ME FOR MORE ANALYSIS AND SET UPS!