SELL AUDJPY ON 30MAnticipating shift in trend downwards as price action demonstrates a strong momentum swing down. Additionally, MACD + Triple Time Frame RSI provide additional support for my idea
Audjpysell
Elliott Wave View Expecting AUDJPY to Extend LowerAUDJPY shows an incomplete Elliott Wave sequence from April 17, 2019 high, favoring more downside. The 100% target can reach as low as 75.7 – 76.3. In the chart below, the bounce to 78.94 ended wave 2. Wave 3 is currently unfolding as an Elliott Wave impulse with wave ((i)) of 3 ended at 76.77. The internal of wave ((i)) subdivided as another impulse structure of lesser degree. Wave (i) of ((i)) ended at 77.81 and wave (ii) of ((i)) ended at 78.18. Down from there, wave (iii) of ((i)) ended at 76.96, wave (iv) of ((i)) ended at 77.55, and wave (v) of ((i)) ended at 76.77.
Wave ((ii)) ended at the blue box area (78.041). We don’t like buying the pair and like to stay short from the blue box area with a risk free position. As long as it stays below 78.041 peak it is expected to extend lower.
AUDJPY MAJOR SUPPORT BROKENPrice of AUDJPY opened with an extremely large gap downwards.While it did it broke below the major support zone, it has started making its way up and we expect price to go up and test the descending trendline at the 0.500 - 0.618 retracement level before dropping down to the -0.27 extension level
SELL AUDJPY ON 30MAnticipating shift in trend downwards as price action demonstrates a strong momentum swing down. Additionally, MACD + Triple Time Frame RSI provide additional support for my idea
AUDJPY SHORT APPROCHINNG AUDJPY Price has been travelling in a descending channel marked out in blue and has been consolidating for a few days. Price broke above the area of consolidation and made a black ascending channel to touch the top of the descending channel and while doing so it had a little breakout to the upside of the descending channel before price dropped out of the ascending channel back into the descending channel.
We believe price will now come back up to retest the inside of the descending channel at the 0.5 retracement level like it previously did like in the yellow eclipse previously
IF PRICE HITS STL , PRICE WILL MOST LIKELY FOLLOW THE RED LINE.
AUJJPY H1 SHORTGARTLY FORM ON AUDJPY H1 OUR PREVIOUS SIGNALS NZDJPY BUY AND GBPJPY ARE IN VERY GOOD PROFIT
AUDJPY SHORT & LONG TRADEPrice has overall been travelling in a DESCENDING channel, price hit the bottom of the channel and now price has broken above the mini descending trend line it was following quite strongly. we expect price to move down to the descending trend line as it has also formed an ascending channel wile breaking out.
We believe price will move up all the way to the top of the channel...
SELL AUDJPY ON 30MINAnticipating shift in trend downwards as price action demonstrates a strong momentum swing down. Additionally, MACD + Triple Time Frame RSI provide additional support for my idea
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AUDJPY short setupHere i see that AUDJPY does not have enough support to hold the price. I'm planning to enter short with 1:2 risk to reward. I'm going to update this post accordingly.
UPDATE:
I have entered short. I have changed the stop level as there's a strong resistance. So I have moved my stop a bit above the resistance line.
Entry: 79.875
SL: 80.340 - 47 pips
TP: 78.915 - 96 pips
RRR: 1:2
This is not financial advice
Note: Please remember to follow me. I publish most of my trade setups in advance
Trade safe
Atilla
aud/jpy will be drop according to the wave theory, i think that aud/jpy will be drop at the next week ,and raise after 79.620
AUDJPY AnalysisIn the H4 time frame we see that price has been in consolidation. Price has reached a resistance level/zone and has formed a triple top pattern showing us that there will be a reversal. Target is 77.751
AUDJPY - THIS DROP IS IMMINENTbeen following this for a while now and its looking good
for those following me you would have already caught some profits already.
dont miss this one
See previous analysis
PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
AUD/JPY: SELL From Top Of Structure !!BUY & SELL Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
AUDJPY - SELL NOWthis is a nice pattern for reversal. MACD also in over bought mode, with sell confluence seen on lower time frame
nice one to sell down for the AUDJPY
AUD/JPY: Waatch Price & Continue Buy !!BUY & SELL Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
+120 PIP TRADE AUDJPY BROKEN OUT! AUDJPY was travelling in a triangle and it can be argued it was also travelling in an ascending channel. Price broke out of both structures to the downside and came back up to retest the structures before tanking all the way down to the previous support.
We have reached the 0.618 retracement level indicating a SELL opportunity, Our TP is at the -1.27 extension which is also the next support zone.
AUDJPY, ANTICIPATING A SELL ON FIBO-LEVELWe are anticipating a sell on Fibo retracement level (and resistance level) outlined by the pointing down arrow, thus we predict a small rise in price from the current level up to the Fibo level, from that point sellers will take over the market as depicted by the signal below.
Sell Limit Entry: 78.60
TP1: 78.40
TP2: 78.10
TP3: 77.00
SL : 7900
