AUD/JPY SHORT.Took a previous all time high so we can expect a pull back.
We had a very bearish engulfing candle on the monthly which left a fvg and we had some rejection from the fvg and a move to the downside that left a daily fvg along with a trend line. If i get a rejection from inside the daily fvg and from the trend line at the same time I will wait for a bearish engulfing candle from that area and look to short from there.
Also if you take the fibonaci retracement from the high to the low we have rejected from the 0.62 level so we have enough confluence to look for shorts.