Audjpyshort
Aud/Jpy Short Trade UpdateHey Guys!
As you guys know, the weekly bias on the aud/jpy was short. Or in other words, price was likely to reach 87.30 before reaching 98.66.
In this post, I explain the reasoning for this bias, as well as an review of the set up.
Have a great day guys!
I'll keep you updated!
Ken
AUDJPY - Short from bearish orderblock ✅Hello traders!
‼️ This is my analysis on AUDJPY .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish orderblock.
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AUDJPYAUDJPY The structure is bearish price went up to fill the 3rd pick from the resistance trend and now continuing with the original trend. Thou obviously the structure was bearish creating LLs and LHs and we will be waiting for this future move to break the previous LL to form another lower low and head up to create the new Lower high.
AUDJPY - Short from bearish orderblock ✅Hello traders!
‼️ This is my analysis on AUDJPY .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I have 2 POI, first one I see price to start bearish price action from here as price rejected from bearish orderblock or it could go higher to fill the imbalance and to reject from bearish orderblock around 93.500
‼️Attention!!! Due to the fact that we have a lot of news events upcoming week, the analysis can be invalidated.
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AUDJPY top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AUDJPY top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
#AUDJPY sell opportunityPrice clear bearish structure in 1H timeframe, price shows reaction to structural point ( previously acting as a support but now its acting as a resistance area ).
Now for a short position we need price to comes up one more time and reject from the area and forming a kind of toping formation like double top which is possible in lower timeframe to be able to sell.
Also price taking out liquidity from above the arrow but failing to close above them is another great signal to take a sell position on this pair.
AUDJPY Short planBased on the Wyckoff methodology and Volume Profile, we can assume the current channel is distribution, and price potential moves down next week. If the price reverse to the 92.3 - 94.2 area, I will do a short trade at 92.6 and the 2nd entry is 94, then hold it to 84.7.
This setup looks very basic, but it's really effective. Let's follow the plan and see what will happen.
AUDJPY top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
🚨 AUD/JPY going short Hi traders I'm looking at going short once I see a reversal pattern here. If we can get a double top that would validate the entry. This pair will definitely drop from here, it's all about the entry and stop loss positioning. This trade if taken will be held for multiple days so be aware of any future economic data.
DeGRAM | AUDJPY lower lowsAUDJPY is making lower lows, an indication of the downtrend.
Price has reached the lower border of the descending channel , and now it's pulling back to recent resistance.
The market printed the perfect structure shelf for a short trade.
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AUDJPY top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.