AUDJPY preparing for another drop!!AUDJPY has broken the local support zone and created strong bearish price action. The daily price has created a very strong rejection from the top with a wickless candle. The 4H price has formed another strong bearish price action. There is a probability of another drop from daily 20EMA and 4H 38.1% fib level.
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Audjpyshort
Week 7 assignment (EXHIBIT A) for AUDJPY by PROSHERIFF
A Double Bottom chart pattern has been confirmed on the 4H time scale.
The trend is on the downside according to the DOW theory.
Lower Highs and Lower Lows can be seen on the chart and a series of bearish candles turn the bias on the bearish side.
AUDJPY, 2 Possible Sell Senarios Hello Traders,
AUDJPY has been moving within a HTF ascending channel creating clear price action for a couple opportunities for a sell position. Price is approaching a level which could give us a strong bearish reversal as looking in previous history has been tested 3 other times pushing price downward. I will be looking at the LTF for bearish confirmation if price reacts from this 95.72 level.
If price impulsively breaks above this level I will be waiting for it to touch the upper boundary of the ascending channel, making a new high before looking for bearish confirmation for another sell opportunity.
Trade Safe
Thanks
SELL [AUDJPY] 11th Aug 2022 AUDJPY Setup / Analysis
🕐 4hr's Chart
Key Technical / Reason's SHORT
———————————
What is our confirmation?
- Breakout trendline and retest
- Resistance Support level
- Pressure zone
- Pivot and MA rejection confluence
- Ascending Pattern
- Descending Pattern
- The pivot zone
- Demand Supply
- Candlestick Patterns
AUDJPY analysisI have already analyzed the AUDJPY pair. I am looking forward to go short when I get an entry confirmation from the supply zone as soon as the london session opens.
I am only looking for shorts when price breaks in again into my supply zone.
The purple line indicates my take profit zone.
⁉️ AUDJPY - Market AnalysisHello traders!
⁉️This is my analysis on AUDJPY .
Here we have the same scenario as on EURJPY, price took out sell side liquidity and I expect a retracement to fill the imbalance and to reject from bearish orderblock + institutional big figure 95.000 to continue the sell-off.
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SELL [AUDJPY]AUDJPY Setup / Analysis
🕐 4hr's Chart
Key Technical / Reason's SHORT
———————————
What is our confirmation?
- Breakout trendline and retest
- Resistance Support level
- Pressure zone
- Pivot and MA rejection confluence
- Ascending Pattern
- Descending Pattern
- The pivot zone
- Demand Supply
- Candlestick Patterns
AUD/JPY With U.S.-China tensions continuing I believe we are at a key level on AUD/JPY. I am still very much bearish on this pair with projections around the 91.000 levels. If we break this important HL point we could see a change in direction however I doubt it from a fundamental and technical sentiment. We will wait for confirmations and adjust to whatever the market shows us.
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.
AUDJPY Correction and More Downside!Welcome back! Let me know your thoughts in the comments!
**AUDJPY - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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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.