Chickin' Out on AUDJPY

Sold my AUDJPY long position yesterday morning @ 94.12 for -17. Got scared due to retracement from other pairs the night before. In my mind I rather take the first small loss than get out with a bigger one. I will buy AUD if the price action favors the preceding trend. At the end of trading day Friday, this pair managed to shrug off its lows as shown on its 4H chart.

Enjoy your weekend my friends!