AUDJPY ShortAUDJPY had a falling wedge and price broke below it, waiting for the retracement of the neckline/breakout before we go short
Audjpyanalysis
AUD/JPY 4HR SELL SET UPHi TRADERS this is my trade set up for the AUD/JPY for the new week ahead
AUD/JPY last week broke the higher lower structure and I think will be heading down, possible head and shoulders forming also so I will be looking for a sell trade only
so i will be looking for a pullback to order block zones and to take a sell trade
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
AUD/JPY: Quick Reversal After Mid-Term High AccomplishedThe AUD/JPY has suffered a strong reversal lower in early trading this morning, and this follows a mid-term high yesterday which saw the 84.300 level challenged. As of this writing, the AUD/USD is trading slightly below the 83.000 juncture and fast conditions are prevailing. Yesterday’s higher values were not experienced since the middle of November. This morning’s low is testing support which has been demonstrated since the Christmas holiday ended.
Speculators should be prepared for the potential of more volatility in the short term for two reasons. Trading volumes are becoming full again following the holiday season and this means financial institutions are now participating.
The increase in Forex transactions is bound to cause some imbalances short term as the market responds to larger orders being processed. The AUD/JPY was able to demonstrate a solid bullish run higher since the 20th of December when the Forex pair was trading at approximately 80.300.
Also, this morning’s trading comes after some nervousness has been expressed on global equity indices and this could also have weighed into the AUD/JPY as risk-averse trading took hold. Choppy price action in equities could create a bearish sentiment for the pair to be exhibited near term.
If the AUD/JPY remains under the 83.000 level and begins to flirt with the 82.900 ratio, this could be an indication that further downside action could be seen in the short term. Technical sentiment may create targets near the 82.800 to 82.700 levels as potential targets. Because the AUD/JPY can move fast, traders looking for quick hitting results should make sure they use take profit and stop loss orders to participate safely within the Forex pair.
Although the AUD/JPY has made solid strides upwards the past month of trading, speculators may eye the potential more selling to develop in the short term. If resistance levels prove durable near the 83.100 juncture today, traders may want to wager by selling the AUD/JPY on slight rises to ignite their selling positions. Speculators should anticipate volatility to occur, and if the 82.750 support level is proven vulnerable, the AUD/JPY could traverse lower. On the 24th of December, the AUD/JPY was trading near the 82.420 ratio.
AUD/JPY Short-Term Outlook
Current Resistance: 83.150
Current Support: 82.740
High Target: 84.180
Low Target: 82.100
AUDJPY - LONG SETUPBullish setup coming up on AJ as price revisits demand pool. Approach with caution as no higher time frame zone available and will purely be a single time frame analysis here. Use 2:1 for R:R.
AUDJPYHello everyone, and welcome to my TradingView profile, my name is TRADiNG_Club_ and today I am going to analyze AUD/JPY a full technical analysis on different time frames using a translation of market information While doing so, let me give you a personal opinion about it. The next most likely market movement and helps you find and manage market opportunities.
My thoughts are for those who are interested in improving their financial education.
THANK YOU..
AUDJPY | The best scenario for climbing📝Hello traders , AUDJPY in daily timeframe , In this symbol, waves 1, 2, 3 and possibly wave 4 are formed and now we are inside wave 5.
As we said in the previous analysis, we considered wave 5 as a leading triangle, and from this wave, waves 1, 2 and 3 are formed very normally.
But Wave 4 has corrected Wave 3 more than usual, making it somewhat unreliable.
Given that Wave 4 reacts very well to the beginning of Wave 3, it considers the same scenario, and we think this is the recent ascent for Wave 5 from Wave 5.
This wave is a weak wave based on the previous waves and it may not be able to move more than Fibo 0.618 and if this Fibo is broken, the ascent to Fibo 1.00 will be confirmed.
If the bottom of the canal, the red circle, is broken downwards, there is no hope of continuing the upward movement.
If the downward warning signal is broken, the wave count will enter a new phase and will be a confirmation for the start of wave b.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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AUDJPY possible directionAUDJPY Weekly chart shows that it already completed Elliot Wave 1-5 and starts ABC pattern. Hopefully market is in B zone and it may create pattern for short targeting the level 0.7600. Weekly price action is still bullish and we need to wait and observe price behavior. Let get set up the short pattern and enter with the price action confirmation. We will update later.
Good Luck...
Read the disclaimer.
AUDJPY | Sell opportunity. Get ready!If you find this technical analysis useful, please like & share our ideas with the community. Coming to the technical analysis of AUDJPY , I think we are going to see a downward movement. If you are going to go short now, make sure to place the stop below the previous resistance area .
What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis.
Good Luck!
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
AUDJPY H4 Analysis & Trading StrategyHello TradingView community and my subscribers, please if you like ideas do not forget to support it with your like and comment, thank you so much and we will start.
This is my opinion, I really hope this will be useful for you.
Be ready and take care your money. Have a great profit !
TELEGRAM : in description ( we will start on January 17, 2022 )
AUDJPY | The best scenario for climbing📝Hello traders , AUDJPY in daily timeframe , In this currency pair, waves 1, 2, 3 and possibly wave 4 are formed and now we are inside wave 5.
As we said in the previous analysis, we considered wave 5 as a progressive triangle, and from this wave, waves 1, 2 and 3 are formed very normally.
But Wave 4 has corrected Wave 3 more than usual, making it somewhat unreliable.
... Given that Wave 4 reacts very well to the beginning of Wave 3, it considers the same scenario, and we think this is the recent ascent for Wave 5 from Wave 5.
This wave is a weak wave based on the previous waves and may not move above Fibo 0.618, and if this Fibo breaks, the rise to Fibo 1.00 is confirmed.
If the support of the downward warning signal is broken, the wave count will be fielded and the form of wave formation will change.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
AUDJPY Short Analysis Hey traders, here is the analysis for the AUDJPY. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
AUDJPY Short Analysis Hey traders, here is the analysis for the AUDJPY. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
Looking for bearish continuation AUDJPY (13 Dec, 2021)No one would argue that this pair has been bearish since Nov. this year. But for the past 10 days, it has been correcting within a channel structure. On close study of price action, I feel that it may be ready to breakout of the channel and resume the down trend.
If this correction continues and took price up to the resistance at 82.38, that would be excellent. That would be an ideal location to take a short down to the supports located at 80.33 and 78.90. In case that does not happen, I would still be interested to take a short trade and look for an opportunity to pull the trigger.
If you like my analysis, please give it a “thumbs up” and follow me to get immediate notifications.
Always use sound money and risk management in all your trades.
AUD/JPY: Following the Channel! What’s up guys and welcome to my profile, my name is Gianni and today I’m going to analyse the AUD/JPY, translating the market information with a full technical analysis on different time frames.
For a better understanding of my market perspective, let’s have a quick look on the monthly timeframe:
After a strong bearish impulse performed during the last month, the market is now retesting a strong s/r level.
Few doji candles are a clue of strong demand on that area, so there is a possibility to see a new movement to the upside.
Switching to the weekly timeframe:
A huge uptrend followed by a retracement, reaching the support level at about 0.50%/0.618% of fibonacci, usually an area where price start consolidating before a trend continuation or a trend change.
The last bullish engulfing could be a sign that the market is changing its perspective from bearish to neutral.
On the daily timeframe:
The price is consolidating inside the fair value area, the most market activity is happening on the top of the value area, and focusing as well on the three rejections from the demand zone, you can see how the buyers are aggressively pushing the price back inside the area, all signs that the buyers are getting the control of the market.
Back to the 4 hours timeframe:
The market is moving following a clear uptrend!
Now let’s analyse more in detail:
The market is forming a falling wedge, testing now the dynamic support of the ascending channel.
I will be waiting for the breakout of this pattern before entering long on this trade, looking for a good entry point with a RRR of 1:2.
I would place my SL below the channel and the first TP at about the middle of the channel, the second TP on the dynamic resistance.
If you enjoy this trade idea, support my work with a thumb up and don’t forget to follow my profile for more detailed technical analyses!
Trade safe and responsibly,
Gianni
DISCLAIMER
Please note the views are not investment advice and should be used only for educational purpose
AUDJPY Long with 3 Confluences. List of Confluences:
1: Trendline Breakout
2: Key level Breakout around 81.73*
3: Inverse Head and Shoulder Pattern
Summary: This setup has a risk reward (RR) of 3.75 to 1. We can see a trendline breakout on the daily time frame, which indicates a possible bullish move.
A key level breakout is also visible on the daily time frame around 81.73*. This shows a change in market structure from bearish to bullish.
Inverse head and shoulders pattern has formed in the daily time frame which further supports a possible bullish move.
AUDJPY ( MY SNIPER ENTRY) price has created an impulse move to the upside breaking the structure for potential upside movement after a pullback
AUDJPY Head & Shoulders - Daily TimeframeAUDJPY Head & Shoulders - Daily Timeframe
AUD High Impact News Releases:
HIA New Home Sales - Tuesday, December 14th 00:00
New home sales in Australia are based on poll results derived from state-wide estimates applying weights based on financial year market shares of private residence commencements. The previous release was 11.1 and the consensus for the upcoming release is 3.2.
NAB Business Confidence - Tuesday, December 14th 00:30
The National Australia Bank's poll of market confidence is based on a telephone survey of around 600 small, medium, and large non-agricultural businesses. A simple average of trading, profitability and employment indicators stated by respondents for their selected businesses are used to generate the surveys estimates for business conditions for the upcoming release. The previous release was 21 and the consensus for the upcoming release is 23 with 26 being the ATH (All-Time High) since 2018.
AUDJPY Short Analysis Hey traders, here is the analysis for the AUDJPY. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
AUDJPY | The best scenario for climbing📝Hello traders , AUDJPY in daily timeframe , In this currency pair, waves 1, 2, 3 and possibly wave 4 are formed and now we are inside wave 5.
As we said in the previous analysis, we considered wave 5 as a progressive triangle, and from this triangle, waves 1, 2 and 3 are formed very normally.
But Wave 4 has corrected Wave 3 more than usual, making it somewhat unreliable.
Given that Wave 4 reacts very well to the beginning of Wave 3, we consider the same scenario and expect to start climbing for Wave 5.
If the support of the downward warning signal is broken, the wave count will be fielded and the form of wave formation will change.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
AUDJPY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
