good choice to short AUDJPY ,let's see what i foundAUDJPY are will going down? i don't know ,but it's have 3 reason to short
1. the inverse cup and handle pattern
2. the head and shoulder pattern
3. divergence on rsi
and all of that signal are happen in timeframe Day
i already short it and will increase short position soon.
i will going to see the fundemental of both currency and i will back to update it soon.
don't trust me ,you should DYOR same as mine.
BTW ,take care your own risk.
Audjpyshort
SHORT ON AUD/JPYPrice has broken out of a symmetrical triangle on the daily timeframe.
On the 4hr timeframe price has broken and retested old support as new resistance.
The bears have came in after the rejection of new resistance.
Here is the play I will be taking on this pair:
PAIR = AUDJPY
ORDER TYPE = SELL STOP (PENDING ORDER)
LOT SIZE = Micro lot (0.01) (0.02)
ENTRY PRICE = 81.391
STOP LOSS = 82.174 = 78 PIPS
TAKE PROFIT = 80.391 = 100 PIPS
AUD/JPY 4HR SELL SET UPHi TRADERS this is my trade set up for the AUD/JPY for the new week ahead
AUD/JPY as following previous weeks analysis i can see this pair still falling down lower so only looking for a short
so i will be looking for a pullback to order block zones to take a sell trade
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
AUDJPY | The safest place to buy✔️Hello traders , AUDJPY in daily timeframe , In this symbol, waves 1, 2, 3 and possibly wave 4 are complete and now we are inside wave 5.
As we said, we considered wave 5 as a leading triangle, and from this wave, waves 1, 2 and 3 are formed very normally.
But Wave 4 has corrected Wave 3 more than usual, making it somewhat unreliable.
Given that Wave 4 reacts very well to the beginning of Wave 3, it considers the same scenario, and we think this is the recent ascent for Wave 5 from Wave 5.
Wave 5 of wave 5, like the previous waves of the triangle, is formed in the form of three waves, and from these three waves, wave a is being formed. The end of wave 2 passes. This scenario is partially fielded, but otherwise a side region is formed for the completion of wave a and the formation of wave b, and then the ascent for wave c begins, provided that the Fibo 0.618 is completely broken.
If the downward support (warning sign) is broken, the wave count will enter a new phase and confirmation for the start of wave b will be at a higher time.
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AUDJPY: channel breakoutHello everyone
Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it !
AUDJPY :
the price braked a neat parallel channel and I expect further bearish movement.
please note how the price moved in the ascending channel that shows weakness of buyers.
Our first target is shown on the chart (support zone).
please remember any analysis can be failed. so, manage your risk and respect your stop loss.
A clear short for AJAUDJPY has been in a clear bearish trend for a while now.
With that momentum in mind, we can see a nice double-top at the support on 82.466. We can also see a rejection off of the trendline and a nice bearish engulfing for price action.
This trade should run 65 pips to the next support on 81.658.
Good luck this week traders!
AUD/JPY 4HR SELL SET UPHi TRADERS this is my trade set up for the AUD/JPY for the new week ahead
AUD/JPY i can see still falling down lower so only looking for a short
so i will be looking for a pullback to order block zones to take a sell trade
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
AUD/JPY: Quick Reversal After Mid-Term High AccomplishedThe AUD/JPY has suffered a strong reversal lower in early trading this morning, and this follows a mid-term high yesterday which saw the 84.300 level challenged. As of this writing, the AUD/USD is trading slightly below the 83.000 juncture and fast conditions are prevailing. Yesterday’s higher values were not experienced since the middle of November. This morning’s low is testing support which has been demonstrated since the Christmas holiday ended.
Speculators should be prepared for the potential of more volatility in the short term for two reasons. Trading volumes are becoming full again following the holiday season and this means financial institutions are now participating.
The increase in Forex transactions is bound to cause some imbalances short term as the market responds to larger orders being processed. The AUD/JPY was able to demonstrate a solid bullish run higher since the 20th of December when the Forex pair was trading at approximately 80.300.
Also, this morning’s trading comes after some nervousness has been expressed on global equity indices and this could also have weighed into the AUD/JPY as risk-averse trading took hold. Choppy price action in equities could create a bearish sentiment for the pair to be exhibited near term.
If the AUD/JPY remains under the 83.000 level and begins to flirt with the 82.900 ratio, this could be an indication that further downside action could be seen in the short term. Technical sentiment may create targets near the 82.800 to 82.700 levels as potential targets. Because the AUD/JPY can move fast, traders looking for quick hitting results should make sure they use take profit and stop loss orders to participate safely within the Forex pair.
Although the AUD/JPY has made solid strides upwards the past month of trading, speculators may eye the potential more selling to develop in the short term. If resistance levels prove durable near the 83.100 juncture today, traders may want to wager by selling the AUD/JPY on slight rises to ignite their selling positions. Speculators should anticipate volatility to occur, and if the 82.750 support level is proven vulnerable, the AUD/JPY could traverse lower. On the 24th of December, the AUD/JPY was trading near the 82.420 ratio.
AUD/JPY Short-Term Outlook
Current Resistance: 83.150
Current Support: 82.740
High Target: 84.180
Low Target: 82.100