FX:AUDJPY Australian Dollar/Japanese Yen
AUDJPY 60 mins -after double top formation and at 92.994 and divergence of occurred, more aggressive trader would enter short there. however, there is a more conservative setup to take short on this pair. the pair now is retracing back to a potential level at 92.752. IF the price re-bounce at that level, enter short. the first target would be 92.022 and second target would be 91.742. risk reward is 1:2 and 1:3 respectively.