Audjpysell
AUDJPY - 1H - SELLThe trade has a risk-to-reward ratio of 1 to 6.
A profit limit of 2 is a good point to exit.
3 and 4 are good points after breaking the profit limit floor.
Profit limits 5 and 6 are very risky and have high risk.
When the price reaches profit limit 2, empty half of the volume and when the next targets are reached, empty the remaining volume , 0.25 per target. After the price crosses each target, set your stop loss higher than the previous 2 targets.
This is the best way.
Be sure to enter after the pullback and at the end of the confirmation candle with the appropriate volume .
The analysis and position is against the main and major trend, which is considered a high risk.
The price is in a major DNA zone, and we give the possibility of forming a second downward wave in the normal view and trading on it with good capital management.
After this deal, be sure to use the good trading opportunities that are below and in the direction of buying.
Analysis is done with Fibo.
Golden Dragon
AUDJPY ShortWell, in the previous analysis, I predicted that the price of this pair will be of bearish momentum. The movement enabled us to take profits @ 92.5 and 91.5. The price is back at the major resistance zone. And I anticipate that this might be the last bullish attempt before the price goes back to bearish momentum.
I am adding my entries @ 93.5.
Tp 1 @ 92.5, Tp2 - 91.5, Tp3 - 90.5, Tp4 - 89.5.
My SL is @ 94.5 thus making my R:R = 1: 4.
Remember, risk only 1 -2 % of your account.
AUDJPY - Short from bearish orderblock ✅ Hello traders!
⁉️This is my analysis on AUDJPY .
Here we are in a bearish market structure, so I am looking only for shorts. I expect price to fill the imbalance and to reject from bearish orderblock + institutional big figure 94.000.
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Aud/Jpy Short TradeHey Guys!
The Aud/Jpy's weekly bias at the current moment is short. Or in other words, price is likely to reach 87.30 before reaching 98.66.
In this post I explain the reasoning for the short bias, as well as how I plan to trade this setup.
That's it! I'll keep you guys updated!
Have a great day!
Ken
Disclaimer: This is not Personal Financial Advice.
AUDJPY ShortUnfortunately, I was stopped out from the previous analysis. I believe that I entered the position too early, thus being stopped out.
The price has formed another rising channel / flag, currently @ 94.0, which seems like a bullish trap. This might be the last attempt of the bulls trying to outperform the bearish . If the price completes the rising channel , I will enter the trade @93.5
I am anticipating the momentum will continue, then a rising channel will be formed thus a major indicator of a bearish momentum.
Entry @ 93.5 Sl @ 94.5 and target @ 89.5
My R:R is 1: 4
Remember, risk 1 - 2 % of the account.
AUDJPY ShortUnfortunately, I was stopped out from the previous analysis. I believe that I entered the position too early, thus being stopped out.
The price has formed another rising channel / flag, currently @ 94.0, which seems like a bullish trap. This might be the last attempt of the bulls trying to outperform the bearish. If the price completes the rising channel, I will enter the trade @93.5
I am anticipating the momentum will continue, then a rising channel will be formed thus a major indicator of a bearish momentum.
Entry @ 93.5 Sl @ 94.5 and target @ 89.5
My R:R is 1: 4
Remember, risk 1 - 2 % of the account.
AudJpy- Where to sell to join the new downtrend?Since 60 low at the start of the pandemic, AudJpy has risen more than 2 years to around 99 highs in mid-September.
However, the rise since March is a large rising wedge pattern that was a warning for reversal.
Last week the pair has broken both horizontal and trend line support of the pattern and made a low to 93 zone.
At this moment AudJpy is in a normal recovery and this rise can offer a good opportunity to join the new downtrend.
95-95.50 is my sell zone and I expect a new leg down to 91.
Only AudJpy above 97 would negate this bearish scenario
AUDJPY....SELL (76 PIPS)AUDJPY experienced a bull run since last week, after the formation of the two strong bearish candles formed on 30th August. i see a market correction and expects the market to respect the same structure as on 15th August bearish formation.
Also, my 61.8 and 78.6 percent fibo entry has been respected for a sell run!!!
NB: red box: possible rejection zone
Bearish look on AUDJPY.Relevant market risks I have on my radar (it's obviously not a comprehensive list and mostly unchanged from last week):
Europe: huge uncertainty regarding future of gas flows from Russia; an unexpected resolution of the conflict seems very unlikely, but it could escalate on multiple fronts (gas, energy, militarily) very quickly
UK: don't have a clear idea about the impact of the Tory leadership race yet (potential for negative impact on the sterling is there given the comments from Liz Truss), the Northern Ireland protocol still remains unresolved
Global markets: the risk from commodity market squeezes spilling over seems to have diminished a bit
China/Taiwan: keeping an eye on the Taiwanese stock market as a risk gauge
AUD/JPY Fully Closed +250 Pips 0Drawdown, New Entry ValidThis Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
AUD/JPY Made H&S Pattern , Short Setup After 4H Confirmation ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.