Here on the AUDJPY i have explained a few reasons why i am short this pair from the .786 retracement after the break and close below previous swing low. the rally that has followed in my opinion gives me a great opportunity to short with a small stop loss and good potential profits. If you are interested in seeing the way that i analyze the market and how i come up with trades like the .786 retracement strategy that i used to enter this trade then check out the video in the link below and my channel for more great FREE trading education and dont forget to follow me here on trading view!