AUDJPY IS BEARISH ACCORDING TO PRICE ACTION ANALYSIShello guys, this is my first ever published analysis. I have been a price action trader making profits through my simple analysis of currencies. tell me what you think of this trade idea.
I only use support, resistant and price action.
AUDJPY will short till 83.026 before shooting up to 85.405.
Your comments will be highly appreciated. Thank you!
Audjpyshort
AUDJPY Trading Idea.G'day Guys
Here some analysis for AUDJPY. In hourly perspective, i expecting the price will bounce bearish after another retest on the resistance.
For me, This resistance quite strong based on Hourly Time frame. The idea here waiting for the AUDJPY creating Resistance or retest the Resistance level before making entry.
I might implement the lot Distribution Strategy to distribute my position into multiple level.
Let's what happen next..
Cheers.
AUDJPY Trading Idea.G'day Guys. Its Monday... Day 1 of trading for end of April.
Today we going to analyst all in FX pair.
Let's start for AUDJPY today. Previous analysis for this pair on April 19. This pair still move as projected, but today let zoom it into this week projection.
In hourly perspective, this pair most likely continue looking for demand zone. Based on upcoming news on BOJ, and referring some fundamental analysis.
JPY expecting recovering from recent economic crisis, we looking forward the price dive deep to completing the market cycles.
Let's see what happen next..
Cheers. Stay Tune.
** AUDJPY ** currently in drawdown lets see how this plays out Hi all, hope you all had a great weekend and ready for a fresh week on the charts.
The entry price, stop loss (in pipettes) and take profit are shown on the chart itself.
Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress.
My name is Al, I'm 40 and from the UK.
I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can.
Any questions, feel free to drop me a direct message if I can help.
These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too.
This is all for information and education.
Have a great day,
Al.
🙂
PS. Check my other 'Related Ideas' too.
AUD/JPY New 2 Short Setups Available And Free 200 Pips Here !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
AUDJPY seems that the sell off its not finished!!!This is a sell perspective. the support and resistance zones are mapped out. the previous downward push was strong the current uptrend push is not breaking any new levels. Always remember proper risk management. only trade 1-3% of account. please like comment and follow me for more.
Possible trend shift in AUDJPY – going shortThe Tidal Shift Strategy has just sold AUDJPY at 83.292. The system recommends entering this trade at any price between 83.097 and 83.487. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at 1.153, which suggests that the AUDJPY could be trending downwards.The 14-period Average True Range on a daily chart is 0.156, so the stop loss has been set at 84.073. This stop loss order is a trailing stop that will move down as the market moves down. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours.
Signal ID: 75811
Time Issued: Wednesday, 21 April 2021 02:00:15 GMT
Status: open
Entry: 83.097 - 83.487
Limit: N/A
Stop Loss: 84.073
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here.
Past Performance is not an indicator of future results.
SHORT POSITIONAUD/JPY;TECHNICAL
FORECAST:BULLISH
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AUDJPY Trading Idea.G'day Guys. It's Monday again..
Let's start today with AUDJPY pair.
This some of my idea on this pair. As projected previously, this pair stuck on the Weekly Supply Zone.
Which is am expecting price bearish to create a formation of uptrend. This week price projection will be short, which is to expecting to complete the market cycles
Let's what happen next.. Stay Tune.
AUDJPY - FOREX - 19. APR. 2021Welcome to our weekly trade setup ( AUDJPY )!
-
1 HOUR
Bearish market open and price action.
4 HOUR
Overall bearish waving market..
DAILY
Expecting more bearish pressure.
-
FOREX SETUP
SELL AUDJPY
ENTRY LEVEL @ 83.880
SL @ 84.340
TP @ 83.190
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
Staring in your face : AUDJPY short 15April, 2021Do you have enough evidence that the market does not accept higher prices?
Do you still need to wait for chart patterns, candlestick formations etc?
This question is worth some serious thought and perhaps some action.
If you like my analysis, please give it a "thumbs up" and follow me to get immediate notifications.
As always, please use sound risk and money management in all your trades.
AUDJPY, 4hr tf, double top pattern in playTrade ideas for AUDJPY by Hardi
As you can see this pair also make a bearish pattern which is double top.
I've been watching this pair since last week and it looks like we might see further drop towards 82.40 area.
Sell AUDJPY 83.40
Stop loss 83.70
Take profit 82.40 (3.3R)
Use only 1-2% risk
Good luck
AUDJPY Trading Idea.G'day Guys..
Here my idea on AUDJPY.
Please refer on my previous projection which is related with this idea.
Currently, the price trying to break the support zone which is Minor Demand Zone for AUDJPY. This is critical level that i am look in. We need solid break out on this level to ensure the price go further down.
Just in case the price not able to break this critical level. I am expecting the price will bouncing and creating a another hourly time-frame triple top.
I still positively this pair on bearish rally, based on bigger time-frame perspective and human behavior toward the market movement.
Let's see what happen next on this pair. Stay Tuned..
AUDJPY Pennant structure - Progressively higher lows being matched with lower highs, anticipating breakdown and retest before push towards first key level
- Last saw these kind of highs back in 2017, displaying signs of AUD overbought, taking profits among bulls may help drive price to downside
- TP1 based on areas of key reaction (support or resistance) in previous price action, potential 3R
- TP2 baed on swing low levels, hoping to hold all the way for potential 8R