Short - CADJPY

There's a good setup in this pair, the price is in a downtrend in daily chart, as well, below the 20SMA. In the 4h chart, price is in a downtrend channel, and have made a regression to the trendline, as well, it's a S/R level, and a fibo 61.8 retracement, there's a good place to open short position.