AUDJPY pullback for sell entryPrice pulling back to retest previous resistance zone. ( Return to LP )... for a proper entry for a sell set up. Use proper risk management
Audjpysell
AUDJPY SHORTas you can see it broke out of the rising wedge and retested giving me a great short entry.
I expect this to continue to the downside until next support - if it breaks support and becomes resistance, i will await retest and engulfing to scale in another potential position to the 0.618 fib region
AUDJPY moving downtrend!As you can see here from the 1D timeframe, AUDJPY is moving downtrend. Great opportunity to short! Please like, share and follow me if you found this analysis useful! Your support is appreciated!
AUDJPY SELL IDEAAs price broke below the expected support zone, I am expecting a retest to make the support level into resistance in order to get a good confirmation and entry.
AUDJPY SHORTAUDYEN is forming another nice formation for a drop, again if market break aggressively up then short setup is invalid, lets see one more leg down, be safe and good luck.
AUDJPY approaching resistance, look out for potential reversal!
AUDJPY is approaching its resistance at 70.253 where it is could reverse down to its support at 67.685.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDJPY Reversal is possible Hello friends, the daily candles in AUDJPY are getting smaller indicating that the bulls might have run out of steam.
I will expect risk aversion to hit the market very soon once the market participants focus on the gloomy economic outlook of the world.
So, when that happens, currencies like AUD will take a hit and Japanese Yen will gain strength. So, AUDJPY could drop very sharply.
AUDJPY SHORT SUPPLY ZONEI'm not thrilled about this setup but as I said in my previous published post, the AUSSIE might be losing strength for a big drop soon as the Aussie ETF shows price leaving a quality supply zone. And since the Yen ETF shows it rallying, I believe price on the AUDJPY will drop as it enters this 4hr zone. But as you can see, I'm setting up for the smaller sz inside on the 1 hour chart for a 5:1 R:R.
AUDJPY H1We are entering with a sell stop at 68.386 and looking for at least a 40 pip move down.
This move has better structure for a push down compared to a similar setup on the AUDCAD.
AUDJPY Short, Bearish Cypher Pattern, Equal Measured Move1. Bearish Cypher pattern.
2. Equal measured move.
3. Strong resistance level.
4. 0.618 entrancement from 4H lining up with structure, Cypher entry and equal measured move.
AUDJPY Market Outlook | Daily Forex Market BreakdownHey what's up traders? Please LIKE & FOLLOW, thank you! AUDJPY is looking amazing! Keeping a close eye on this pair to see if we can stay under resistance and start pushing lower. Keeping a close eye on this pair potential shorts soon!
AUDJPY approaching resistance, look out for potential reversal!
AUDJPY is approaching its resistance at 68.566 where it is could reverse down to its support at 66.970.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUD/JPY, market manipulated by Fake BreakoutIt's seen quite often when market makers manipulate breakouts. This is a great example of how big players accumulate volume.
AUDJPYPrice reached the main level 68.50 and at this level, short traders reacted.
I'm expecting that this pair will drop at least to 66.50 level.
I will try to go SHORT with every correction.
DISCLAIMER: This is my personal opinion and view of the market, trade at your own risk. Use proper risk management and trust the process.
AUDJPY ShortRejection of both 200 and 50EMA on the 4hour, as well as break of the ascending trendline.
On the 1hour we have had several rejections of the descending trendline
Another small leg up for AUDJPY?My previous analysis for AUDJPY short didn't work well although we were able to make a decent 30 pips from an intraday sell.
Looking at the hourly chart, AUDJPY has once again moved above the 100 hour EMA. So, as long as it stays above this area, an uptrend to 69.20 and beyond is not out of the question.
On the other hand a drop below the EMA and the Lower TL of the pennant structure will lead to bearish pressure once again.
AUD/JPY, Breakout of Support Level will be a Bearish SignAussie dollar kinda boosted up this week, but we are still long-term bearish on this quote. If we broke this horizontal Level, it would be a bearish sign. Keep in mind, that there is still a chance for continuation to the upside of the market. So sit on your hands until price action tells you what to do.
