Finally was able to identify the species of the young tree.... or well, shrub i should say... but does lend itself to bonsai, not the best species though.

It infact is not a Juniper at all, as i earlier suspected, but a form of "false cypress" called "Chamaecyparis lawsoniana 'Ellwoodii"

Thanks to all those who tried to help out... now if anyone has trained this tree before, your experience would be really helpful to share.

This is how it looks wired and significantly trimmed down. I will move it to a larger training pot next year once it gains some vigour.

I think your wiring skills could be improved somehow, if you don't mind learning a bit more.
Click on the link below, if you are interested; it's for free.
Wiring Essentials - Colin Lewis

I couldn’t agree more. I need more practice and better technique. Thanks for the link, will go through it.