AUDJPY SHORTOANDA:AUDJPY
GO IN SHORT AFTER RESISTANCE IS FORMED AT THE UPPER LINE, EXIT IF TREND BREAKS
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CCPI
Audjpy-short
AUDJPY Short based on daily overbought technicals.AUDJPY looks to have a double top on the daily. There is a firm rejection candle on the 27th indicating a reversal is probable. The RSI has crossed down from being in overbought territory. The MACD has also crossed down. The OBV has crossed it's EMA and trending down as well, this is indicating some distribution and selling happening. I am looking to short on a close below the 27ths low.
Expecting three waves corrective patternThe bullish impulse wave (first 5 waves) probably has finished. The small impulse wave (2nd 5 waves) is going to make.
I am expecting AUDJPY to fall at least for a short period of time
AUDJPY completed bear cypher and incomplete bullish batI apologize for the rough drawing, it is an approximation as I am currently in this trade/on the fly. bear cypher completed @ 88.097, possible bullish bat forming with PRZ @ 87.678. Holding short to test point B on bat (point C on cypher, same level). Could possibly see flush down to the Bat's PRZ @ 87.678 for a bat completion. Holding tight! Tops placed a couple of ticks above current high @ 88.144.
Cheers! Happy Trading.
-John, J1TFX
AUDJPY MACD divergence shortA divergence has formed on the MACD together with stochastic oversold conditions .
AUD/JPY Shorting on TL BreakHey Mates,
Here we have a couple of harmonic possibilities, I'm short once the price breaks the blue trend line. Taking profits and watching price action at 38.2 retrace. Will update. If you take the trade make sure it's because your rules say so. GL and happy pippin!
AUDJPY - 4H - SHORT - TDIA short term trade in order to catch a few pips. On daily we could go long but it seems the bullish rally is taking too long. That's another way to see it failing. So I'm taking the short based on 4H TF.
1st TP@82.5 and second TP in hell!
GL HF
AUDJPY Short Opportunity 33 pips2017-05-14
Triangle broke out bearish so we're clearly now in a down trend.
Confluence of two separate Fib Future D points at 83.400/83.442 indicates a strong probability of a continuation down to that level. There's 33 pips on the table here.
Longer targets could be looking at around 81.500's - previous structure, and a shoulder/head/shoulder formation to confirm lower push from the bears. Watch this space!
AUDJPY SHORT OPPORTUNITYThere is a AUDJPY bat in formation, price reacted weel to 88.6% of XA also is converging with the trendline, we look to short at current price, Initial Profit Objective is at lower trendline, fast trendline management is required if it breaks the trendline
AUDJPY Short : Combo Alternative to USDJPY short and AUDUSD shorAlternative expression of individual short USDJPY and AUDUSD short.
AUDJPY SHORT2017-05-03:
Price action currently siting around 38.2 pullback. Having broken the previous structure low and closed below, and put in a previous double top, this price action has broken the SMA50 and is heading south. RSI and Stochastic are oversold or close to oversold, suggesting a short term retracement is close by.
Assuming continuation of Bearish move, the next target should be 83.515 at previous structure Resistance. A move of around 29 pips.
AUDJPY - A simple breakoutSell on the lower-low lower-close bar after a retest of the trendline. As usual : broke out of the pattern, wait for a retest of the resistance, and sell it off. RSI is kind of low so I'm waiting for the moment. It might also bounce of the 200SMA.
*SL, Entry and TP might not be the one I'll use*
Trade safely!
AUDJPY short setupHi traders, i want share my short setup on AUDJPY. Trade is according to 2618 trading strategy.
Downtrend wedge pattern Hi traders, audjpy is moving inside of the wedge pattern and after retest wedge border i want open short position. Also entry point of the garley pattern is on the border, as you can see on the chart. This is good conformation of our idea.
Have a nice weekend!
AUDJPY - Short setupHi everyone,
Simple sell-setup on AUDJPY. I'm not sure how far this will go down, but it will go down.
Trade with care.
