AUDJPY rejected at 85 price level, all aboard the gravy train!

SORRY team for the messy chart. Was doing some deep analysis. I've noticed the following:
AUDJPY has failed the 85 quarter point
AUDJPY has failed to pass the previous high
AUDJPY has failed to pass the 38.2 FIB LEVEL
AUDJPY has formed a descending wedge

Target is 84. Trailing stop of 250 points after you're ~35-50 pips in profit.
Expect a strong support bounce at 84.500. My expectation is that it continues downwards.

Until next time
ForexNick