Get started

Audjpysell

AUDJPY - short at H4 (Symmetry Wave)Look left, We have two zones for a sell. 1. Group wave daily I, II, III... Now the AUDJPY is at the wave V go to wave VI. 2. Group wave H4 (1), (2), (3)... Now she is at the wave (3) to wave (4) and she reaches the Potential zone of group wave (80-100% the magnitude). Plan: Trade 1: wait for a signal at the smaller H1, 30 minutes ... * Invalid is at 120% Trade 2: When she reaches zone for a sell of group wave Daily, wait for a signal at the smaller H1, 30 minutes ... * Invalid is at 120% Target 1: is at 61.8 Fibonacci Target 2: is at 80 Fibonacci
Short
by dinhchien
2
AUD/JPY short from 82.25The main reason behind this short level is Volume accumulation setup. Heavy volumes were accumulated in a rotation area (marked in black rectangle). After that, the price shot aggressively downwards which indicates that the heavy volumes were mostly volumes of strong sellers. When the price makes a pullback into this significant area again, I think that the sellers will try and defend their short positions and that they will push the price lower.
by Trader_Dale
3
AUDJPY SELLClick on link below for AUDJPY SELL video analysis for more detailed breakdown:) For your convenience, I have done up this post so that you can track the progress of the trade by clicking the Play button above. If you like what you see, please like and follow me BELOW! www.tradingview.com Feel free to leave your opinions on why you AGREE or DISAGREE with my trade analysis! Would love to know your perspectives! Trading is the hardest way to make easy money.
Short
by UnknownUnicorn3151415
AUDJPY Right On Major Resistance, Time To SellAUDJPY is testing major resistance and looks poised to drop strongly! Sell below 83.35. Stop loss at 84.02. Take profit at 82.25. Reason for the trading strategy (technically): Price is testing major resistance at 83.35 (Fibonacci extension, Fibonacci retracement, horizontal overlap resistance, bearish divergence, descending resistance) and a strong reaction from here would push prices down to major support at 82.25 (Fibonacci retracement, horizontal swing low support, Fibonacci extension). Stochastic (55,5,3) sees major resistance below 96% where a corresponding reaction could occur. We are also seeing bearish divergence vs price signalling that a reversal is impending.
Short
by theforexarmy