AUDJPY Short Trade

AUDJPY H4

I am watching this setup from past few sessions. Details [here].

Price is constantly bouncing from trendline but it is failing to make new highs. This could be a sign of some retracement.



I went short at current market price at 86.16 with stop on break and close above the previous highs of 86.43.

I might add new shorts positions at that level.