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Audjpysell

AUDJPY FAKEOUT AND BREAKOUTAUDJPY has been travelling inside of a descending channel. Price reached a major support zone , started making its way up and even broke out of the channel to the upside until it dropped back into the channel causing a fakeout, broke below the support zone. Now we are just waiting for this newly made resistance zone to be retested before price drops to the very bottom of the channel it has been travelling in. ENJOY YOUR PROFITS, STOP LOSSES AND TAKE PROFITS ARE AVAILABLE...
Short
by UnknownUnicorn2396129
AUDJPY MAJOR SUPPORT ZONNE HAS BEEN BROKENAUDJPY is travelling in a descending channel, Price hit the top and price plummeted down and even broke a major support zone marked out with a pinnk rectangle, We are expecting price to come back up to retest this zone before dropping down to touch the bottom of the channel, our first minor target is the -0.27 extension level as we are expecting price to retest the zone at the 0.382 retracement level. LEAVE YOUR THOUGHTS BELOW...
Short
by UnknownUnicorn2396129
Elliott Wave View Expecting AUDJPY to Extend LowerAUDJPY shows an incomplete Elliott Wave sequence from April 17, 2019 high, favoring more downside. The 100% target can reach as low as 75.7 – 76.3. In the chart below, the bounce to 78.94 ended wave 2. Wave 3 is currently unfolding as an Elliott Wave impulse with wave ((i)) of 3 ended at 76.77. The internal of wave ((i)) subdivided as another impulse structure of lesser degree. Wave (i) of ((i)) ended at 77.81 and wave (ii) of ((i)) ended at 78.18. Down from there, wave (iii) of ((i)) ended at 76.96, wave (iv) of ((i)) ended at 77.55, and wave (v) of ((i)) ended at 76.77. Wave ((ii)) ended at the blue box area (78.041). We don’t like buying the pair and like to stay short from the blue box area with a risk free position. As long as it stays below 78.041 peak it is expected to extend lower.
by Elliottwave-Forecast
AUDJPY SHORT APPROCHINNG AUDJPY Price has been travelling in a descending channel marked out in blue and has been consolidating for a few days. Price broke above the area of consolidation and made a black ascending channel to touch the top of the descending channel and while doing so it had a little breakout to the upside of the descending channel before price dropped out of the ascending channel back into the descending channel. We believe price will now come back up to retest the inside of the descending channel at the 0.5 retracement level like it previously did like in the yellow eclipse previously IF PRICE HITS STL , PRICE WILL MOST LIKELY FOLLOW THE RED LINE.
Short
by UnknownUnicorn2396129
AUDJPY short setupHere i see that AUDJPY does not have enough support to hold the price. I'm planning to enter short with 1:2 risk to reward. I'm going to update this post accordingly. UPDATE: I have entered short. I have changed the stop level as there's a strong resistance. So I have moved my stop a bit above the resistance line. Entry: 79.875 SL: 80.340 - 47 pips TP: 78.915 - 96 pips RRR: 1:2 This is not financial advice Note: Please remember to follow me. I publish most of my trade setups in advance Trade safe Atilla
Short
by AtillaYurtseven
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