AUD/JPY Quick Bearish Move!This is a smaller move so I'll be risking a little less as far as percent goes for this one.
I am looking for a break of the previous candle wick to get short and continue the bearish run we've been on. I've drawn out some partial take profit level to aim for along the way to the overall target.
As long as the trend stays valid however, I will keep some of this trade running, beyond the final target of this setup.
If we fail to break and hold lower, or if our bearish trend confirmations change, this setup may become invalidated.
Audjpysell
I sold AUDJPYI to late to share with you but i want to make my first publication in english.
So this pair is clearly in a downtrend and is reacting very well to that downtrend line, i've allready took this trade yesterday and took it again today and it droped even faster than i expected.
I'll try to share with you more nanalysis and trades. I usually try to share earlier so that you have time to enter the trade as well if you like it.
So follow me if you want to learn and see my trades.
AUDJPY approaching support, potential for a bounce!
AUDJPY is expected to drop to 1st support at 75.140 where it could potentially react off and up to 1st resistance at 75.513.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDJPY: Potential Short Setup From 76.000Whats up everyone and welcome to this new trading idea!
Ive been quite for some time because of some personal issues, but this is another story! So i just want to feed you guys with another trading setup on the AUDJPY pair.
Price is creating a peak formation high and consolidation for a while, which indicates that something is going on here...
Im looking for shorts around the 76.000 level which will be hit in the near future. We have AUD news in a few hours so lets see if we can get price up there and then down. Risk to Reward on this trade is great!
Catch you guys on the next idea and hope everyone has a successful trading week!
AUDJPY approaching support, potential for a bounce!
AUDJPY is expected to drop to 1st support at 75.016 where it could potentially react off and up to 1st resistance at 75.566.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDJPY approaching support, potential for a bounce!
AUDJPY is expected to drop to 1st support at 75.201 where it could potentially react off and up to 1st resistance at 75.553.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.