Audjpyshort
AUDJPY - SHORTPrice below local POC level. Sell on a false breakout! The target is next POC level.
AUDJPY - SHORT
ENTRY PRICE - 81.700
SL - 82.100
TP - 80.250
Always follow the 6 Golden Rules of Money Management:
1. Protect your gains and never enter into a position without setting a stop loss.
2. Always trade with a Risk-Reward Ratio of 1 to 1.5 or better.
3. Never over-leverage your account.
4. Accept your losses, move on to the next trade and trust the software.
5. Make realistic goals that can be achieved within reason.
6. Always trade with money you can afford to lose.
Please leave your comment and support me with like if you agree with my idea. If you have a different view, please also share with me your idea in the comments.
Have a nice day!
AUDJPY trading setupThis 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
AUDJPY - Bearish BiasAUD - Strong Bearish
1️⃣ Negative market sentiment generally weighs on high-beta currencies such as AUD, NZD, and CAD.
2️⃣ AUD is also under pressure amid falling commodity prices such as iron ore, copper, and steel.
3️⃣ Australia’s annual inflation rate fell to 3.0% in the third quarter from 3.8% in the previous period.
JPY - Strong Bullish
1️⃣ The decline in the stock market caused investors to turn to safe-haven currencies.
=====
Technical
=====
We are selling the AUDJPY after it failed to break the resistance level.
=====
Risk to this trade
=====
Any change in sentiment could turn the pair's direction.
Don't forget to like, comment, and subscribe for more ideas.
AUDJPY Sell 27 Oct 2021- Double top, good supply area.
- Decreasing volume rally to upside.
- Increasing volume to downside.
- Low order volume at 83 through market profile, potential price vacuum for further decline.
- Possible Monthly bear flag pull back entry.
- Good entry could be pullback to ICE or break through LPSY = PSY.
Ideas only.
AUDJPY SHORT (Mean Reversion)Confluences:
1: Stop loss hunt at previous high on weekly level plus a breakout.
2: Price heading towards high of the June(2021) which is an important supply zone with many retail stops.
3: Price has been moving very quickly which signals an over extended market for the pair.
Summary:
Price is currently over extended and has been moving in a up trend for 2 almost weeks straight. We are looking for a potential stop hunt at the high of June where many retail stops may be sitting. We might see a further push to the upside at the new weeks open.
There's is a potential for strong mean revision to take place allowing big players to hunt some stops and grab some liquidity before we see a continuation to the upside in a few weeks to come.
This trade is expected run for the next 8-9 trading days or until the target is reached, whichever comes first. Always remember to Buy to the low and Sell the high. We will be looking for any entries early next week. Remember to always buy the low and sell the high.
AUDJPY | Short trade idea agains trendAUDJPY has bullish bias now in D1 and seems to go a correction. While many traders said "you must trade with the trend", and hinder to trade against a trend.
But, I have a trade counter trend if you like if you wanna ride this correction movement in D1. What you have to make sure is the intraday trend is supporting your trade and we use Ichimoku by this time. So, here is the deal. If price can breakout support 84.884, then we can going to short with target 82.065. Sounds good?
Beware of the risk by the way.
Happy trading.
AUD/JPY - SHORTAJ looking clean this morning, we had a 1,2,3 type ascending structure which wasn't the cleanest but the HVA (High Value Area) of the DT (Double Top) was enough for me to take this position.
What confirmed entry?
- HVA
- Evening Star (Candle Formation)
- DT
- 1,2,3 structural approach can be seen, although not the cleanest
- Clear target
I think it's important to remember that we trade off price action, take into account how the evening star closed, there is no wick and it closed strong. Also it is important to do top-down analysis, on the Weekly or Daily you would be put off by the momentum, only when you drop down to the 1HR you can see the slow, corrective phase towards the highs. My entry is a little bit below the close of the evening start due to spreads.
Have a great day all, I will update you on any other positions I take.
AUDJPYHello Traders Welcome back to another profit day
If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions
Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
AUDJPY with OB view
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
The information given is not a Financial Advice.
Please support this idea with a like, if you find it useful
have a good profitSday guys
CHRISTMAS MIRCALE AUDJPY Swing SELLHello guys
I'm planning to hold my sell till this Christmas eve.
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.
AUDJPY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AUDJPY H4 AnalysisPrice has been bullish for the last 6 six days and broke through a supply zone and found rejection around 84.40.
If price falls below Daily Supply zone there could a lot of sellers coming in the market to push price down.
Still bullish on rsi . Need to get a strong bearish candle printed to confirm trend change. Aussie has been very bullish on this pair .
will see if price can reach up to 84.40 again for a retest. I'm overall looking to go short when the moment presents itself on H4.