potential buying zone on dollar yen

hey traders,

for recent days on dollar yen we see a retracement as the market established new higher high on 114.5,
as the market hit that level, many traders started to close their buying positions, so bears come into play.
on a daily tf the trend is still bullish, so now I am looking for a zone for entry.

from my chart you can notice that market is trailing inside a rising parallel channel,
looking left we can identify decent levels of structure to focus on.

such analysis helps as to define a potential reversal zone.

as the market reaches this zone, I will be looking for hourly tf for additional signals.

good luck!