Going Short after the retest of the 89.60 level on AUDJPY

٢ يناير ٢٠٢٣

The weekly, daily, 4-hour, and hourly charts are overall bearish. Waiting for the 4-hour price to retrace back to around the 89.60 level and enter a short position after the formation of a shooting star/ bearish engulfing candle stick will give you the best RR.