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Audjpyshort

AUDJPY | Perspective for the new weekThis is going to be a short one as the daily chart explains the interaction between the sellers and buyers in the last 10-months. With a simple supply and demand structure identified on the daily timeframe, I am of the opinion that we might be witnessing a short term downside for the Aussie in the coming week as the JY85.600 area reflects a strong memory for selling pressure (May and October 2021). Tendency: Downtrend (Bearish) Structure: Supply & Demand Observation: i. It is a wide range of consolidation phase since May 2021 as price oscillates within JY86.000 and JY78.400 (approximately 700pips in 10months) ii. Connecting a series of prices with a line drawn above pivot highs on the monthly chart shows the prevailing direction and speed of price in the last 8 years. iii. The supply zone appears to share a confluence with the bearish trendline identified on the monthly chart hence I shall be looking for a significant reversal structure to plan a selling opportunity in the coming week. iv. Key level at JY85 shall be my yardstick for sell continuation... Trade consciously!😊 Trading plan: SELL confirmation with a minimum potential profit of 250 pips. Risk/Reward : 1:6 Potential Duration: 7 to 20days NB: This speculation might be considered to make individual decisions on the lower timeframe. Watch this space for updates as price action is been monitored... I shall be sharing a video of how I am going to take advantage of this trade if the price goes as planned on my new jou tube channel. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
AUDJPY OHLC (SELLS) MONTHLY STRUCTURE (MARCH 2022)AUDJPY OHLC (SELLS) MONTHLY STRUCTURE (MARCH 2022) Please support this idea with LIKE if you find it useful.. Monthly Structure for AUDJPY is OHLC (SELLS). A resistance will be formed the minute tdi Priceline and bloodline cross. Patience. Long term runner Tp must be set at the Daily Open 83.507 . Price is slowly getting into the sell pressure zone. Waiting on a tdi cross to confirm the presence of sellers in Markets. Trade with Caution. Wait for valid entries. Please support this idea with LIKE if you find it useful. P A T I E N C E + D I S C I P L I N E
Short
by PeanutButter
Big Short Upcoming on AUDJPYAfter the long wait I'm back publishing my ideas on this great platform! For this trade we are relying mostly on price action as this pair is known for having a strong correlation to price action rather than indicators. After the massive Bull run of AUD, we can finally see the sellers coming in at around 85.427. This is a significant area of interest as the price has been largely rejected here before. I have also identified a Head and Shoulders pattern on the weekly time frame confirming a sell. I have my Stop loss and Take profit on the chart however I have already placed my Stop loss at break even to make the trade risk free. I expect a Sell to the support area of 81.877. *** THIS IS NOT FINANCIAL ADVICE ***
Short
by Rayyan_2805
AUDJPY LIVE ANALYSIS VIDEOFor More Daily Detailed Analysis, go ahead and click on the follow button. Here we have our AUDJPY Charts.. We previously looked at this asset short as market volatility increased. The large fall on the AUDJPY followed a Rise as market sentiment suited on Friday. We are now seeing mixed sentiment as peace agreements go on. We are also reaching a key Sell Zone and area of resistance. At this level we can start to get short for a move down to comfortable support. Use the description in conjuction with our analysis. Keep risk IN LINE with sentiment.
Short
by WillSebastian