Audjpyshort
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
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 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 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.