AUD/JPY Short

٢٠ يناير ٢٠١٩

Bearish engulfing below 78.666 level, had two massive wick rejections to the upside indicating this pair doesn't want to continue bullishly. Possibly the last touch on the trend line as i have found the 4th touch can be a pretty significant reversal touch number (if that makes sense haha). I am also bearish on AUD this week overall, but am thinking we will get a slight bullish pullback on Monday morning (perhaps around 10-20 pips) then proceed downward. Trade safe and keep grinding everyone.