AUDJPY short set-up Swing Trade

FX:AUDJPY   Australian Dollar / Japanese Yen
1. Daily fib has reached 1.18/1.27 extension zone after a shallow retracement.
2. PRice created a swing high formation after consolidation.
3. Price broke the 1hr trendline

I am looking for a price to move to at least the 38.2 retracement zone.

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.