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Audjpysetup

AUDJPY Trading Plan - 10/Apr/2023Hello Traders, Hope you all are doing good!! I expect AUDJPY to go Down after finishing this correction . Look for your SELL setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Short
by For3xScalper
AUDJPY Snipper entry!!Currency Pair : AUDJPY Possible direction : Bearish Technical Analysis : After forming a head & shoulder in 4h, AUDJPY has formed strong bearish price action. As the support is broken, price is currently respecting the resistance line and may continue to drop the nearest support level. From Multiple timeframe perspective, AUDJPY is highly bearish and may continue to drop. Possible trade recommendation : Bearish as per chart sketch Press like button if you enjoy. Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
Short
by ForexWizard01
AUDJPY - FUNDAMENTAL + TECHNICAL BIAS#AUDJPY These days, AUDJPY is slightly UP due to MARKET RISK ON. The reason for that was that the MARKET SENTIMENT was somewhat POSITIVE with FED UPDATES. JPY WEAK AFTER BOJ MEETING. Because of that, XXXJPY CURRENCIES went UP very fast. It still has an effect. Anyway, they said that the BOJ MONETARY POLICY will be relaxed even more. Therefore, after JPY becomes PRICE, XXXJPY PRICES may be UP in the future. Even now, we see that the MARKET is somewhat MARKET RISK ON. We expect AUDJPY to RETRACE to higher resistance. Anyway, if the AUDJPY goes upside down again, the VIX should go down and the JPY should go up, and STOCKS should go up. The dollar should continue to strengthen as it has in recent days. AUDJPY can definitely SELL at 88.62 LEVEL. But somehow, after that, AUDJPY may go up to 92.901 LEVEL. Anyway, if JPY becomes WEAK, if the UP SIDE STRUCTURE is BREAK, there is a very good situation to BUY AUDJPY.
by benny_marshall
Order flowThe daily chart has the characteristics of a volatility contraction approach, price has now invalidated the contraction and we’re up for a volatile move. 4h timeframe shows that the bullish three drives were in accordance with the bullish order flow. This breakout made a small retest to the daily order block and fell to the demand zone, with this current candlestick it looks more like price respects the area and we should be ready for a full pullback to the order block. Now it’s clear that the bearish move has lost its momentum, the immediate target is the order block then we go long with this potential and long bearish move the liquidity area at 87.047…
by tokelohomi
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