+ multiple timeframe bearish divergence + rising wedge + low volume bull + 109.4 weekly resistance zone + oscillator hyper extended
could complete the M pattern before a possible rally up
more bearish though, inline with the long term trend
in confluence with the long term downtrend
with other confluence for short.. can be an extra edge.. for a drop
That line is the 50% fib of the swing on the left which UJ needs to break for a safer short.
You can open a sell limit order at the 50% fib of the bar if you're a conservative trader.