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Audjpyshort

AUDJPY | The best scenario for climbing📝Hello traders , AUDJPY in daily timeframe , In this symbol, waves 1, 2, 3 and possibly wave 4 are formed and now we are inside wave 5. As we said in the previous analysis, 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. This wave is a weak wave based on the previous waves and it may not be able to move more than Fibo 0.618 and if this Fibo is broken, the ascent to Fibo 1.00 will be confirmed. If the bottom of the canal, the red circle, is broken downwards, there is no hope of continuing the upward movement. If the downward warning signal is broken, the wave count will enter a new phase and will be a confirmation for the start of wave b. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
Long
by mahdisoltaninjad
AUDJPY | Sell opportunity. Get ready!If you find this technical analysis useful, please like & share our ideas with the community. Coming to the technical analysis of AUDJPY , I think we are going to see a downward movement. If you are going to go short now, make sure to place the stop below the previous resistance area . What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis. Good Luck! Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Short
by MaxProfHacker
AUDJPY | The best scenario for climbing📝Hello traders , AUDJPY in daily timeframe , In this currency pair, waves 1, 2, 3 and possibly wave 4 are formed and now we are inside wave 5. As we said in the previous analysis, we considered wave 5 as a progressive 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. This wave is a weak wave based on the previous waves and may not move above Fibo 0.618, and if this Fibo breaks, the rise to Fibo 1.00 is confirmed. If the support of the downward warning signal is broken, the wave count will be fielded and the form of wave formation will change. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
Long
by mahdisoltaninjad
AUDJPY Megaphone topAs per the chart plan, the plan is to sell a megaphone top. As always, looking for entries that could consider themselves potential key turning points, not going to call them high probability trades, they never are, it's only good money management and pure grit (look at my other posts avast and deliberation or frustration at points!). Relaxed on lot size, not to oversize, setting testers lots. A recommended read is "Reminiscences Of A Stock Operator". Otherwise, assessing the market environment as it stands, at the moment the sea is calm because of holidays. Eitherway good luck, look for good classic patterns (as this one is, megaphones are great) and trade on the right side of them! Recommend anyone who wants to learn more about trading to also study the freely available info on Wyckoff & John Bollinger.
Short
by ShipsyCapital
Wait for confirmation signal and sell opportunity with AUDJPYH4 time frame. Structure: Downtrend. A divergence signal and a double top reversal pattern appeared. Wait for the falling price to break the Key Level at 80,500 and have a confirmation retest signal, then look for selling opportunities. The profit target is the price zone 78,800 and 77,000. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
Short
by tradafx
AUDJPY Head & Shoulders - Daily TimeframeAUDJPY Head & Shoulders - Daily Timeframe AUD High Impact News Releases: HIA New Home Sales - Tuesday, December 14th 00:00 New home sales in Australia are based on poll results derived from state-wide estimates applying weights based on financial year market shares of private residence commencements. The previous release was 11.1 and the consensus for the upcoming release is 3.2. NAB Business Confidence - Tuesday, December 14th 00:30 The National Australia Bank's poll of market confidence is based on a telephone survey of around 600 small, medium, and large non-agricultural businesses. A simple average of trading, profitability and employment indicators stated by respondents for their selected businesses are used to generate the surveys estimates for business conditions for the upcoming release. The previous release was 21 and the consensus for the upcoming release is 23 with 26 being the ATH (All-Time High) since 2018.
Short
by OfficialKieranTrewick
AUDJPY | The best scenario for climbing📝Hello traders , AUDJPY in daily timeframe , In this currency pair, waves 1, 2, 3 and possibly wave 4 are formed and now we are inside wave 5. As we said in the previous analysis, we considered wave 5 as a progressive triangle, and from this triangle, 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, we consider the same scenario and expect to start climbing for Wave 5. If the support of the downward warning signal is broken, the wave count will be fielded and the form of wave formation will change. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
Long
by mahdisoltaninjad
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