AUDJPY trade ideas
AUDJPY - SHORTA possible entry at 98.119, the price is near a Round Number, there are Imbalance and OB, EMA and smaller time frame will confirm entry.
AUDJPY Noticed a clear break of structure ( 4H )
Break of trendline --> potential selling opportunity
And now, waiting for a retest on the supply
Short term --> SELL
Long term ---> BUY
AUDJPYAUDJPY is in strong bullish trend.
As the market is consistently printing new LLs and LHs.
currently the market is retracing a bit after last LL, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new LL.
What you guys think of this idea?
AUDJPY Buy IdeaFollowing a careful examination of trend exhaustion and RSI levels, Uncle Jake provided thoughtful counsel and suggested considering various factors before making a Buy decision.
AUDJPY Sell IdeaFollowing a careful examination of trend exhaustion and RSI levels, Uncle Jake provided thoughtful counsel and suggested considering various factors before making a Sell decision.
AUDJPY SELL FX:AUDJPY
Preference:
After a brief bullish trend, this particular currency pair experienced a sudden and sharp downward movement, which was halted at the level of 96.900. However, the price was unable to sustain this rebound and eventually pulled back, retracing to the .50 Fibonacci level. This retracement resulted in the formation of a potential double-top pattern on the 2-hour chart, which is often considered a bearish signal. As a result, we may anticipate a further decline in the price, with the next possible support level being the .236 Fibonacci level. At this level, the price will be tested for support once again, and it remains to be seen whether the pair will continue to fall or recover from this point onwards.
Alternative Scenario:
If the buying or selling pressure is not strong enough to push the price beyond the .382 Fibonacci retracement level, then the prevailing upward trend in the market could remain intact.
DeGRAM | AUDJPY opportunity to sellAUDJPY broke and closed below a consolidation zone.
The market rebounded from the psychological level 98.000 and dropped below this level.
Price pulled back to a 50% fibo level and resistance at 97.500.
We expect a bearish move and a retest of the support level.
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Share your opinion in the comments and support the idea with Like. Thanks for your support!
Selling AUDJPY with the trend This is a with the trend and here is why we are selling.
Trend:
W1: Down
D1: Down
H4: Down
Moving Average:
Within the Daily MA
Within the H4 MA
Pattern:
Deep Crab on m30
Strong resistance at 97.50 to 97.70
M15 has a double top and divergence.
audjpyaudjpy has side way trend
market break the resistance and convert into support
confirm with hummer and morning star candle stick
so we can buy this
AUDJPY is preparing for a long term declineHi
As you see in the chart there is a very strong negative regular divergence in weekly and monthly TF and we expect a long term decline
Cheers
AUDJPY : Short Trade , 4hHello traders, we want to check the AUDJPY chart. The price is moving in a descending channel and has pulled back to the indicated key level. We expect this level to play the role of a resistance level and the price will fall again to around 96,900. Good luck.
AUDJPY BULLISH ADVANTAGE > BUY!For Traders and Investors. This is how I’ve been actively and currently trading AUDJPY since the start of this past week, and, now I have shared with you how I intend to accurately predict its next price movements potentially as a result of backtesting and preparing key details that should work profitability. If you agree this idea hit the boost thanks.
- In the beginning, the process of identifying, figuring out, learning, and executing this high-probability Buy Opportunity started with the recent presentation of this Bullish Candle at the 19th-hour mark on Wednesday, possessing these four specific principles below that I strongly believe has the potential capacity within itself to effectively influence the price of AUDJPY to rise 161 pips above the top bullish candle at $100.182 in the next 7 days from today while protecting the price of AUDJPY from hitting a 37.5 pip stop loss below the top bullish candle at $98.199
- This was and still is the first Bullish Candle of this recent week.
(THESE ARE THE FOUR SPECIFIC PRINCIPLES IT POSSESSES BELOW 👇🏾)
1st Principle present =This Bullish Candle with the (Blue Ema) are both above the (Red Ma)
- Essential
2nd Principle present = This Bullish Candle has and will remain to have a flat bottom
- Essential
3rd Principle present = This entire Bullish Candle is fully below the Ichimoku Cloud
- Essential
4th and final Principle present = The previous wick of this Bullish Candle is 25 pips away from the top bullish candle, which is greater than the last bullish previous wick (20) by 5 = automatically making it a greater previous wick, knowing that the greater the previous wick > the more effective, profitable, and powerful this Bullish Candle should become within itself to influence the price to rise.
(Greater Chart View/Work) - 🌅
(Buomkuoth's Buy Position off this Bullish Candle revealed) - 2.25.2024
My Entry Price was $98.550 / The current price is at $98.788
The price of my take profit is set at $100.182 (161 pips)
The price of my stop loss is set at $98.199 (35.1 pips)
- My risk management rules are in place within this position (2-4% risk)
(Bk) Buomkuoth Nhial Reath 💎 / Glory be to God Almighty
Daily Wedge w/ Divergence Spotted!! - AJHere I have AUD/JPY on the 4Hr and Daily Charts!
Daily Chart-
-We see Price outlining a Rising Wedge and with this the First inclination that we could see Price push down further is the Bearish Divergence shown as the HIGHS on the RSI indicator suggesting Bulls could be losing Power!
-The High created on Feb. 23rd was followed by a STEEP decline in price!! Much of this caused by BOJ rumors of JPY possibly exiting "Deflation" and with the market doing well!
4Hr Chart-
Price had made a Low after the steep decline from the High giving me an opportunity to find a Fib'd Entry Zone and Price had tested it already at the end of last week. To start this week, price as began to work down validating my Bearish Bias on this pair!
Fundamentally this week:
AUD - GDP (Tue)
JPY - Tokyo Core CPI & BOJ Ueda Speaks (Mon)
*Currently in Active Trade
Audjpyi am looking audjpy in buy side because we have h4 order block with confirmation of ingulfing candle
Sells Waiting for a retest of the broken structure. The overall trend is bearish, and I believe price could fall to daily and weekly support. Nice setup and I am patiently waiting to execute. Selling at resistance.
AUDJPY, looking for liquidityaudjpy broke the hourly trendline which means up we go soon. Price may find its way to take out the liquidity before dropping back down.
AUD/JPY Day Trading Analysis 📋On AUD/JPY, it's nice to see a strong sell-off from the price of 97.350. It's also encouraging to observe a strong volume area where a lot of contracts are accumulated.
I believe that sellers from this area will defend their short positions. When the price returns to this area, strong sellers will push the market down again.
A strong S/R (Support/Resistance) zone from the past, combined with the downtrend and strong volume area, are my main reasons for this short trade.
Happy trading,
Dale
AUDJPYlooking to SELL, GOOD RATIO, ill be monitoring the behavior and delivery into my area of interest
AGAIN ILL BE MONITORING BEHAVIOR BEFORE MAKING ANY DECISIONS
Plus this is an areas of interest once price get there that's when I start looking for Any of my entry models to take place on the lower timeframes while taking into the account the TIME to PRICE relationship
NB: REMEMBER THE 4 MARKETS COMPENENTS
TIME
OPEN INTERST
VOLUMN
PRICE
for more info, feel free to contact
AUDJPY Bearish Now that the previous structure has changed and it is below the area of interest, it is taking on a bearish structure since it broke below the higher low. i expect the price ton drop a bit more this week and then confirm the trend by creating a lower high near the area of interest as i drew on the chart
AUDJPY: Your Trading Plan Explained📊AUDJPY is currently in a consolidation phase, with the price forming a horizontal range 97.50 - 97.36 is s the neckline
If the price breaks and closes below support of the range on the 4-hour chart, it would indicate a strong bearish signal.
Traders should consider selling aggressively or on a retest, with a target set at 96.82.
AUDJPY Super SellWith inflation exhibiting volatility and market uncertainty prevailing, a shift to Risk Off mode is evident. The potential change in monetary policy by the Bank of Japan (BOJ) coupled with the AUDJPY pair's status as a risky asset in the forex market is anticipated to prompt a sharp decline in this pair. In a Risk Off scenario, traders typically seek refuge in safe-haven currencies to safeguard profits, reflecting the cautious sentiment prevailing in the market.
