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Audjpyshort

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.
Short
by Vapari_Inc
2
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.
Short
by Vapari_Inc
4
Selling AUDJPY at market.AUDJPY - Intraday - We look to Sell at 94.00 (stop at 94.70) Previous support located at 93.00. Previous resistance located at 93.50. Indecisive price action has resulted in sideways congestion on the intraday chart. A move through 93.00 will confirm the bearish momentum. Our profit targets will be 92.50 and 92.00 Resistance: 93.50 / 94.00 / 94.50 Support: 93.00 / 92.50 / 92.00 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
1
Bearish on H4 AUDJPY has broken out of the ascending wedge to the downside and is currently moving inside a bearish channel. I think that wave 5 is in play her and price should come down to the target box at around 91.50 - 90.800. If you look at the volume profile you will find a circle, I've marked this area to point out, that there's a huge volume imbalance and basically no resistance, therefore it should be pretty easy for the bears to push price down into that territory.
Short
by MoneyForNothingAndPipsForFree
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
Short
by Mihai_Iacob
2
AUDJPY 2 Way Scenario BE CAREFUL Good morning traders. Market will be open here shortly. Be very careful trading AUDJPY. Its at a very crucial point where if it breaks higher, it will move rather quickly. Look at what happened recently with AUDCAD. There is an OB unmitigated on the daily TF and might shoot higher before going all the way down to my target area. Hope this helps. Don't forget to like and follow for more predictions. If you would like other charts evaluated don't forget to request them through the comment section. HAPPY TRADING !!!
by Vic_Tech_Trader