Audjpyshort
AUDJPY Is Heading Lower In Five WaveHi Traders,
AUDJPY just completed a 5-3 wave cycle and the price has the potential to head lower in five-wave to complete the sequence.
Wave A is a leading diagonal followed by a double ZigZag corrective pattern in wave B. According to EW theory, the market resumes in the direction of the five-wave sequence once a correction is completed.
Price also retests the resistance level four times, you're just a profit away!
What's your view on AUDJPY? Let me know in the comment.
Thanks for reading!
💡Don't miss the great sell opportunity in AUDJPY
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (84.480).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 48
Take Profits:
TP1= @ 84.230
TP2= @ 83.970
TP3= @ 83.740
TP4= @ 83.440
TP5= @ 83.020
SL: Break Above R2
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AUD/JPY SELL IDEAHey tradomaniacs,
welcome to another trade-setup!
AUD/JPY: Swingtrade-Execution
Market-Sell-Order: 84.300
Stop-Loss: 84.750
Point of Risk-Reduction: 83.880
Take-Profit: 83.175
Stop-Loss: 46 pips
Risk: 0,5% -1%
Risk-Reward: 2,5
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
AUDJPY - FOREX - 13. MAY. 2021Welcome to our weekly trade setup ( AUDJPY )!
-
1 HOUR
Bearish break below main sr level.
4 HOUR
Expecting more price action towards previous support zone.
DAILY
Overall bearish pressure.
-
FOREX SETUP
SELL AUDJPY
ENTRY LEVEL @ 84.750
SL @ 85.240
TP @ 84.090
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
AUDJPY: short idea on 4h timeframeHi Traders,
This is my view on this cross for the next few days.
#AUDJPY
Wait for the lower 4h trend line and Structure area to be broken to go sell
SELL 82.35
SL 83.11
TP 80.95
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
———————————
Trading Kitchen
We've found ourselves a nice little H&S. what's next?AUDJPY is in free fall mode, but our mind is always sceptical. when it finds something clear as sky, it asks questions like how can it be so easy?
how come I short when the pair is in uptrend? how come, how come, how come.
Well, sometimes it is what it is. there'll be price manipulation at times, but not always.
market makers have to give you 'easy' setups at times, so you'll fund your account in future.
I think we've one of those 'easy' setups here, and I'm short. but, I'm not betting my house and my stop is tight. game is on!
AUDJPY Trading Idea.G'day Guys.
Next AUDJPY, Based on Hourly, its on double top created.
What am expecting here, as against the current movement. Normally, in early Monday when the price pushing high will be move different direction on Europe & US Session.
Am opening my position against the current movement. With SL and TP.
Let's see what happen soon.
AUDJPY Trading Idea.G'day guys.
Next AUDJPY will be on my list.
Looking for the price to reach Supply Zone. And then with Good R:R together with Multi Layer distribution strategy.
I am targeting this price will creating a deep corrections. My approach is, keep adding new position on every correction in small TF once the price dropping.
Let's see what happen next.. Cheers.
AUDJPY - FOREX - 05. MAY. 2021Welcome to our weekly trade setup ( AUDJPY )!
-
1 HOUR
Bearish pa and pressure towards main sr level.
4 HOUR
Price broke below main sr level.
DAILY
Great bearish market structure..
-
FOREX SETUP
SELL AUDJPY
ENTRY LEVEL @ 84.450
SL @ 84.930
TP @ 83.670
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN