AUDJPY SHORTAUDJPY is forming head and shoulders pattern, which is still to be completed. A very good long term opportunity which needs patience
Audjpyshort
Breakout Confirmed | Short Opportunity on RetracementLooking to enter shorts on a pullback retesting the back of the broken ascending TL in confluence to the inner 0.618 fib retracement, previous area of S&R, and respectable descending TL.
AUDJPY Trading Idea.G'day Mates
Here we go on AUDJPY pair. I remember i had posted this pair quite sometime which is projecting for next movement of this pair.
Today, in my perspective i see this pair gonna make another bearish movement which is the pair was stuck on major and minor supply zone.
Here my idea. which is based on risk management i will make entry small lot size to test the market which am expecting gonna push higher before bouncing then rally bearish.
Some lot distribution idea:
2.50 Lot Sizing (Based on Risk Management, Equity & Leverage)
First Entry: 0.25 (Current price)
2nd Entry: 0.25
3rd Entry: 0.50
4th Entry: 0.50
5th Entry: 1.00
Let see what happen next.. Stay tune.
AUDJPY - SELL NOW !Welcome to our Trade Setups - April 06th ( AUDJPY ) !
SELL AUDJPY
ENTRY LEVEL @ 84.194
SL @ 84.827
TP @ 82.298
Max Risk: 1% - 3%!
Risk/Reward Ratio: 3
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Have a great week everyone!
AUDJPY - Too ObviousThis basic head and shoulders pattern after a huge impulsive move to the upside seems too obvious to be the catalyst for a trend change.
I would expect price to at least come up to test the previous high once again before it considers selling off.
AUDJPY SELLSeveral weeks ago, I shared an idea of how we could expect AUDJPY to break out of the ascending channel. Wave (V) seems to have come to an end and AUDJPY has finally broken out of the channel. We could potentially expect a further downside.
Disclaimer: None of these are investment or trading signals but just ideas.
Please support my ideas by dropping a like or leaving a comment.
AUDJPY – New Week Analysis – 5-Apr-21
📉 SELL ZONE – 83.393 to 84.893
🔷 Take Profit 1 - 84.193 (20 Pips)
🔷 Take Profit 2 - 83.893 (50 Pips)
🔷 Take Profit 3 - 83.393 (100 Pips)
⛔ Exit / SL - 85.393
There is potential for the price to move lower, its showing resistance for price reversal around 84.400 region, if this resistance holds then we can see the price bearish towards 83.400.
AudJpy- Forming an H&S?AudJpy was in a strong uptrend since the beginning of November, now the pair is confirming the up-trendline break and is looking to form ann H&S.
A strong correction can follow from this point and the pair could drop to 80 zone.
Interim support is at 82.
Short on PullbackShort on key confluences:
- 0.618 fib retracement
- Minor area of S&R
- Broken ascending TL's
AUDJPY SHORTSo in this example AUDJPY SHORT
1. Is our Bankers box range
2. Is the break out and taking of the liquidity of the high/low of the bankers box range
3. Is our flag pattern movement back in towards our entry area the money zone
4. Is the drop or the expected price to respect to
Take partials on way down
Additional Entry Setup | Short on PullbackCould be a nice opportunity to open an additional short position on a minor pullback retesting intra-day confluences:
- Strong area of S&R
- Inner 0.5 fib retracement
- Respectable descending TL
My sentiment remains bearish on AJ and i think we got some more room to drop in the upcoming 24h. Previous order has SL adjusted to breakeven and it will be wise to lower risk on this additional trade.
If we see a confirmed break below 83.700 support area before getting ticked in, then cancel this order.
AUDJPY SHORT ratio 1/4.70AUDJPY SHORT
Stop closing above the red line daily
A deal worth the risk
Because of the small stop, not exceeding 35 points, nothing is negligible for profit
Breakout Confirmed | Short Opportunity on RetracementLooking to enter shorts on a pullback retesting key confluences:
- Broken ascending TL
- Previous area of support now acting as resistance
- Inner 0.500.618 fib retracement
- MA50 indicating potential shifts in momentum
Possible AUDJPY trade1hr chart divergence.
might be pushed down by the resistance around 84.168
if the channel is broken there a possibility it will fall the 83.428 mark or further.
AUDJPY Trading Idea.G'day Guys
Here my idea on AJ, Uncertainty of Nikkei movement keep JPY currency getting weak. But remember BOJ normally move differently once their currency drop too much.
On my technical perspective, Bigger time-frame showing possibility on forming Double top to retest the previous high. But based on Hourly perspective, its showing price move downwards.
Am anticipating, BOJ might gonna do something based on Human Behavior how they gonna react if something happen with their currency. I'm expecting price will heading south.
Let's see what happen next.
Cheers.
AUDJPY: My Sell OpportunitiesHere is my setup sell for this pair.
Like and comment below here. Glad to hear that.
Thank you
AUDJPY Short Trade ideaWe are seeing many JPY pairs being overextended across the board and in need of pullbacks. This is a good opportunity to profit from
From a multi-timeframe perspective, we have:
-Weekly Shooting start rejecting relevant weekly Support&Resistance area.
- Daily shooting start formation followed by bearish confirmation the following day
- MACD divergence is present across different timeframes
- Nice Intraday price action with price breaking above previous highs creating a massive bull trap that helped fuel price back down, breaking the lower boundary of a solid ascending channel.
Now bears are in control and we can expect further downside. I am personally waiting for a solid 1H rejection off the area of that 1H descending phase line in order to go short.
If price does not reject that phase line, then there is no trade. However if we get an entry, I will have a soft target at the next Fib extension ( 83.2 area) and a second target at previous daily lows ( 82.125 area)
Let me know if you agree or you see something different!=)
Cheers!
AUDJPY Trading Idea.Here we go, Idea for AUDJPY.
I looking for opportunity entry on this pair too. am expecting this pair heading downside. Please refer my previous projections.
As that projection still valid for long term trader. Let's see what happen next.
Cheers.
This weekly trendline will make price retrace from it's bull runlook for a reversal on the short-term price action.
Trendline from 2008, so it's a strong one for now.
