AUD/JPY:DOWNTREND|FIBO PULLBACK|PRICE ACTION+NEXT TARGET|SHORT🔔Welcome back Traders, Investors, and Community!
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Audjpyshort
AUDJPY | The best area for buy🔥Hello traders , Our goal in this analysis is to give you an overview of the future of symbolism.
In this analysis, wave a is completed in higher timeframes and we are now inside wave b.
This uptrend is a 5-wave movement for wave (a) of b, and the price ends from this point or finally Fibo 0.618 to form wave-5.
After the completion of wave a, we identified 3 price targets for wave (b) and the last price target, Fibo 0.618, should not be broken.
If Fibo 0.618 is broken, this analysis will be fielded.
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AUDJPY SHORTMarket is in a downtrend since June, last week we took price to 78 and now we see a nice retracement to a good area of resistance (between 0.5 and 0.618 fib levels) where we expect price to bounce from, and visit 78 areas once more or create some new lows, either way there are some good trade opportunities here. Wait for the market to react and enter only if the resistance holds.
AUDJPY - smart moneyAUDJPY is a pair I've been eyeballing this week for potential sells this week most likely (next week) This setup is a potential intra day swing setup thus can bring very High RR if disciplined enough with your trading plan and SL and BE styles. I'll first be targeting 79.500 for 1.5 % risk and second entry will be 81.500 for 2% risk. Please stay disciplined this week, go get em :100:
AUDJPY | The best area to buy📍Hello traders , Our goal in this analysis is to give you an overview of the future of symbolism.
In this analysis, we examined wave a in the weekly time frame.
Based on the wave count we did in this time frame, waves 1, 2, 3 and 4 are fully forming and now the microwaves of wave 5 are forming.
In this wave, waves 1, 2, 3 and 4 are complete and wave 5 is being formed, and we expect 0.618 to be completed in the Fibo area and the price to prepare for wave b to form.
But we must also consider the potential for decline, if the price moves above Fibonacci 0.618, this analysis will be field because wave a will be 5 waves.
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AUDJPY | The best place to buy 🔥Hello traders , Our goal in this analysis is to give you an overview of the future of symbolism.
In this analysis, we examined wave a in the weekly timeframe analysis.
According to the wave count we did, waves 1, 2 and 3 are complete and now we are inside wave 4.
In wave 4, wave a is formed as 5 waves, so we expect wave 4 to be completed in a zigzag pattern.
Wave a is relatively complete, but we expect a slight further drop in price if the red circle is broken.
From the same price or finally the pink trend line , we expect the upward trend to start and the formation of wave b, wave b can finally move to Fibonacci 0.618, if wave b moves beyond Fibonacci 0.618, it indicates that wave 4 is over and wave 5 has started.
After Wave b is completed, we expect the price to move above the price targets we set for Wave c based on Wave 4.
The best place to shop is after the purple circle is broken.
This analysis is fielded if the price crosses the warning sign.
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AUDJPY | The best place to buy 🔥Hello traders , Our goal in this analysis is to give you an overview of the future of symbolism.
In this analysis, we examined wave a in the weekly timeframe analysis.
According to the wave count we did, waves 1, 2 and 3 are complete and now we are inside wave 4.
In wave 4, wave a is formed as 5 waves, so we expect wave 4 to be completed in a zigzag pattern.
Wave a is relatively complete, but we expect a slight further drop in price if the red circle is broken.
From the same price or finally the pink trend line, we expect the upward trend to start and the formation of wave b, wave b can finally move to Fibonacci 0.618, if wave b moves beyond Fibonacci 0.618, it indicates that wave 4 is over and wave 5 has started.
After Wave b is completed, we expect the price to move above the price targets we set for Wave c based on Wave 4.
The best place to shop is after the purple circle is broken.
This analysis is fielded if the price crosses the warning sign.
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AUDJPY 30 MINUTES FORECASTwatch the 3 on the bottom trendline, if the candle make an engulfing candle than we can go with long entry to the next target, bellow the upper trendline around 80.300.
Therefore the price will make 3 peaks on the upper trendline, watch if the engulfing bearish candle form, then the price will go bearish, as the trend show us.
H4: bearish momentum
m30: falling wedge pattern (bearish continuation) FX:AUDJPY
AUDJPY Swing Short (High Timeframe Analysis)If you like this idea, like and follow me for more.
Colour key: Blue = monthly timeframe, Pink = weekly timeframe, Grey = daily/4h timeframe.
I've marked out some key supply and demand (S&D) zones from the monthly and weekly timeframes, as well as key support and resistance (S&R) levels within them. On the monthly timeframe, a potential head and shoulders pattern can be seen to be forming (represented by the purple arrows).
Price has rejected the upper blue monthly S&D zone/S&R level and has headed downwards. There was a buying opportunity presented in the pink weekly zone below it, but as you can see, price broke and held below the S&R level which suggests further movement to the downside.
Personally, i will look for an ideal entry on the 4H/1H timeframe once the market re-opens and then hold most likely for a couple of weeks down to the bottom pink and blue zones (take partials in pink and keep a few small positions open down to the blue).
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AUDJPY | The best scenario for a fall📝Hello traders, Symbol AUDJPY ,This analysis has been prepared in a weekly time frame but has been published for a better view in a 2 week time frame.
as you can see in the chart, has a side mode price, and we did this counting based on complex waves.
In this chart, first a zigzag is connected to a flat by an X-wave , and the last wave of this flat ( c-wave ) is completed in the form of a channel.
With the price coming out of the purple channel, we came to the conclusion that the felt is over and now we have considered two possibilities:
Probability 1: X-wave
Probability 2: Start of the leading waves
At the beginning, we considered the new wave to be an X-wave , which, using fibo and harmonic patterns , identified an area to form a wave from this X-wave .
We expect wave b in the form of a pullback to move to the purple channel to Fibonacci 0.618 and then continue its upward trend in the form of wave c.
If Fibo 0.618 is broken, this analysis will be fielded.
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AUDJPY | The best scenario for a fall📝Hello traders, Symbol AUDJPY, as you can see in the chart, has a side mode price, and we did this counting based on complex waves.
In this chart, first a zigzag is connected to a flat by an X-wave, and the last wave of this flat (c-wave) is completed in the form of a channel.
With the price coming out of the purple channel, we came to the conclusion that the felt is over and now we have considered two possibilities:
Probability 1: X-wave
Probability 2: Start of the leading waves
At the beginning, we considered the new wave to be an X-wave, which, using fibo and harmonic patterns, identified an area to form a wave from this X-wave.
We expect wave b in the form of a pullback to move to the purple channel to Fibonacci 0.618 and then continue its upward trend in the form of wave c.
If Fibo 0.618 is broken, this analysis will be fielded.
🙏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!❤️
AUDJPY ANALYSISWe have this pair rejecting its previous support which has now turned to a resistance level on H4.
We see price closing up tightly and squeezing in, trying to find a breakout somewhere and move with momentum.
It would be nice see to a break above the level and a pullback to lock us in for longs. Targets would be a new high along the trend.
AUD/JPY Forex Analysis and ProjectionThe AUD/JPY has been falling for some time now, there has been a massive push to the downside which means the overall trend is bearish. Price trades lower and retraced back up creating liquidity, took liquidity it created, which makes it suitable for a sell opportunity to at least the liquidities below and on it's way to take out that liquidity, fair value gap is there to be filled.
AUDJPY Analysis Price seems to be continuing to replicate its previous bullish trend structure. I will continue to hold. I am anticipating that price will break out bearish from the current correction phase. If you can take a look at the up trend structure, price formed a correction around the same price zone.
*Disclaimer*
This is not financial advice. Forex trading is a risky business. Trade at your own risk. Exercise patience and proper risk management.