Audjpysell
sell at 0.7875 and go to 0.7818 in 2 step so 57 pips1.we got near bad data all the week
2. he is much overbought
3. he just touched ma100 "monthly".
4. he need a legit correction.
5. if euity doiwn a bit it will help.
6. dollars are on support and oversold.
7.there a bearish rsi divergence in some time frame
AUDJPY – Nice BIG shifting of direction is happening!If you’re following my analysis, maybe maybe you guys are already bored with this, .. and I don't know how many times I've said it,.. but I want to say it once more,.. just be careful,.. the direction is starting to shift now,.. We are already seeing some nice shifting of direction these past 2 days and I’m expecting this to continue for a very long term.
The way the market move recently is a typical move and structure that I recognize to repeat itself and play over and over again. All risk currency keep going higher and higher in a corrective structure. Evenmore, they break significant inflection point area in daily timeframe just to retrace back impulsively like this. This is a common price move to catch more and more people on the wrongside of the market before the big real move start to happen. I do believe starting from now we will start to see a risk-off mood across all currency pairs, and when it does play, AUDJPY is surely one pair that we must keep an eye for.
In this pair, we can see a really nice ascending structure in multi high TF and it already showing us a nice rejection from the top of it.
I will wait for any break of continuation flag structure (minimum in H1 TF) to confirm the move to the downside.
I will just let the target open while trailling sl along the way as the market start to give a momentum. Lets see how far can this pair go.
On another hand, eventhough I see it as a least probable outcome, if the price break above the 25th February high at 85.000 area, it will nullify this forecast and I will wait for the market to shows it hand first by forming a better structure to see.
For now, let’s see how will this pair develop, good luck..
_______________________________________________________________________________________________________________________________________________________
Here is the MOA FX technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the MOA Fx strategy will trigger.
__________________________________________________________________________________________________________________________________________________________________
AUDJPY - SELL potential SELL BIAS
On the daily time frame, you can see the price has approached a resistance zone. Price has approached this area in a corrective pattern indicating there's a possibility of price moving to the downside. Price will be approaching a key zone of horizontal resistance and vertical trendline resistance = double zone. We need to wait for the price to create a corrective pattern on the LTF for a sell entry. Price could form an extended double top pattern.
AUDJPY sell NOW !! GOING DOWN!!Hello Traders, here is the full analysis for this pair.
Watch strong price action at the current levels for SELL GOOD LUCK! Great SELL opportunity in AUDJPY ..
I still did my best and this is the most likely count for me at the moment ..
Support the idea with like and follow my profile TO SEE MORE!
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝