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Audjpyshort

14 June: AUDJPY could see a bounce hereHi everyone! Looking to play a small bounce on AUDJPY here, in line with our bullish view on the bigger time frames. On the daily time frame, prices are holding above the ascending trend line and we could see a further upside from here. When we look at the H4 time frame, prices are testing the 78.6% retracement as well where we saw a slight bounce above this level. Going down to the H1 time frame and taking a retracement of the last move, we can see that prices are pulling back to the 78.6% retracement where we could see a bounce here, in line with the entry level. Stop loss is placed slightly lower than the previous low and our take profit target is at the -27.2% retracement. What are your thoughts on AUDJPY?
Long
by T3-Consultancy
AUDJPY, Looking for further downsideThe market has been corrective for awhile and have formed significant rejections at the key resistance. Recent momentum is leaning towards bearish as the ascending trendline and minor support was already broken out. An upside recovery would require the market to find support near 84.71 level and break resistance at 85.1 Key Factors: - Broken out trendline and triangle with a strong bear impulse - Price appears to be consolidated and making its way to retest the previously broken out support - Further downside potentials towards next level of major support Entry Conditions: - Selling at previous support ~ current resistance (B) once downside confirmations are formed - Targeting a conservative downside movement towards 84.00 level and risk managed above the current resistance zone on 1:2-1:3 RRR trade
Short
by IAmDavidX
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!
Short
by Veejahbee
💡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 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_World
6
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
Short
by DACapitalTrading
6
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
Short
by kitchen_trading
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!
Short
by exp3r13nc3