FX:AUDJPY   Australian Dollar / Japanese Yen
I AM LOOKING FOR THIS PAIR TO GO SHORT HOWEVER I WOULD LIKE TO SEE THIS BULLISH TRENDLINE BREAK AND FOR EVEN MORE CONFIDENCE OF TAKING THIS SHORT I WOULD WAIT FOR THIS TO REACH BELOW THE 79.60 LEVEL.
WE HAVE GOT A NICE SUPPORT AROUND THE 77.60 MARK SO THEREFORE THIS WOULD BE MY TP LEVEL.
WE HAVE JUST HIT THE 61.8% ON FIB AND SHOWN REJECTION SO THIS WOULD BE A GOOD SHORT TRADE TO TAKE
I WOULD LIKE TO SEE A RETEST AT THE 79.60 LEVEL AS WE HAVE HAD CONTINUOUS RESISTANCE FROM THIS LEVEL
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