Looks like the next hours or days a potential bearish cypher pattern is setting up and giving a nice opportunity to short at FX:AUDJPY. The XD 0.786 retracement right above last week's R2 pivot zone. So I'd suspect the potential reversal zone (PRZ) somewhere between last week's R2 pivot and this week's R1 pivot.
Once the pattern successfully formed, check for signs of reversal: RSI overbought, indecision candle like Doji, pin bar, etc. before entering the trade. Once price exceeds X point, the setup is invalid.
@lulaay, my spotted entry is somewhere between last week's R2 pivot and this week's R1 pivot. Once the price comes to the near of the D point and the spotted PRZ is tested, I'm monitoring the setup for potential entry signals like RSI overbought and reversal candles like pin bars, lower-low-lower-close candles, etc.