AUDJPY R:R 1:4This is for short term
Always place yor order where you place stoploss.
Wait for manipulation at the Equal High and Low Areas.
Please DYOR before entering the trade.
Audjpysell
AudJpy- Where to sell to join the new downtrend?Since 60 low at the start of the pandemic, AudJpy has risen more than 2 years to around 99 highs in mid-September.
However, the rise since March is a large rising wedge pattern that was a warning for reversal.
Last week the pair has broken both horizontal and trend line support of the pattern and made a low to 93 zone.
At this moment AudJpy is in a normal recovery and this rise can offer a good opportunity to join the new downtrend.
95-95.50 is my sell zone and I expect a new leg down to 91.
Only AudJpy above 97 would negate this bearish scenario
AUDJPY Breakout Short!AUD-JPY broke the rising support
And we are now bearish biased
So we will be expecting
A move down after the retest
Of the broken line AT 97.268
AUDJPY....SELL (76 PIPS)AUDJPY experienced a bull run since last week, after the formation of the two strong bearish candles formed on 30th August. i see a market correction and expects the market to respect the same structure as on 15th August bearish formation.
Also, my 61.8 and 78.6 percent fibo entry has been respected for a sell run!!!
NB: red box: possible rejection zone
AUDJPY Bearish Bias!AUD-JPY has retested the horizontal
Resistance level at 95.315 and the price action is looking bearish
So I am somewhat bearish biased
And I think we will see a move down
towards the target below
short audjpyDecide on your own target. The chart is talking to you. Do not forget risk, which is the most important thing. If you like my analysis, like and follow me.
Bearish look on AUDJPY.Relevant market risks I have on my radar (it's obviously not a comprehensive list and mostly unchanged from last week):
Europe: huge uncertainty regarding future of gas flows from Russia; an unexpected resolution of the conflict seems very unlikely, but it could escalate on multiple fronts (gas, energy, militarily) very quickly
UK: don't have a clear idea about the impact of the Tory leadership race yet (potential for negative impact on the sterling is there given the comments from Liz Truss), the Northern Ireland protocol still remains unresolved
Global markets: the risk from commodity market squeezes spilling over seems to have diminished a bit
China/Taiwan: keeping an eye on the Taiwanese stock market as a risk gauge
AUDJPY trade idea (THU - 18/08) : SELLAJ has broken down a number of times. It is expected to respect the order blocks which it has created and sell.
RR is looking solid (3.59)
AUDJPY sell opportunityAUDJPY like other JPY cross made a fake out on main resistance area and came back under the main resistance
look for bearish confirmation on lower time frames and sell AUDJPY with your own money management
Always remember patience eis the key
AUD/JPY Fully Closed +250 Pips 0Drawdown, New Entry ValidThis Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
AUDJPY Break Down Cloud & TrendlineAUD/JPY plunges below daily cloud, RBA 50 bps rate hike fails to impress
AUD/JPY has plunged below daily cloud and technical bias remains strongly bearish. Scope for further weakness.
AUD/JPY Made H&S Pattern , Short Setup After 4H Confirmation ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
AUDJPY Trade Plans 🤞Hello Traders. As you can see on 30M time frame, if the Low breaks then you can short as shown. Then when it reaches the strong support level you can long there.
Wed 27th Jul 2022 AUD/JPY Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a AUD/JPY Sell. Enjoy the day all. Cheers. Jim
AUDJPY Sell offMy Bias is to the downside, with 92.7 as my long term target. I've entered 2 positions. I have 3 positions open risking 1.5%. I generally do 1:1, next support and a longer term goal. My SL will be moved to 95.2(previous high once my 1:1 has been completed then of course moved to entry at 94. Let's see how this goes :)
AUDJPY sell opportunityAUDJPY broke the trend line and also the recent support
now market is going to retest the broken support which is now become resistance
strong bearish momentum
wait for the retest of broken structure than look for confirmation on lower time frames and sell AUDJPY with proper money management and risk to reward ratio
always remember
Patience is the key
AUDJPY Set UPNo trade right now for me on AUDJPY. I'll be waiting for price to break the 2 resistance above and make it's way to June's high. OR revisit my trend line below. Either way, I'll be watching this pair closely.
AUDJPY Set UpsCan we get the price to retrace to 92.9 before going back up again? Even if not, we can see another resistance between the 94.5 and 94.7 area. My bias is to the upside after this retracement to support and golden zones on fibonnacci. Let's see how things play out :)
AUDJPY Set UPsThese are the scenarios I see for AUDJPY. No Trade for now, but bias is to the downside as AUDUSD has also broken support. I don't enter any trades until 8:30am EST. Even then I'll look out for a break below.
AUDJPY Sell Set UpI have price coming down to atleast 92.1. We'll see what happens. I bought AU on the way up from a post a couple days ago. However, not I'm to the downside as I was expecting a large retracement. I've entered for a sell since I had a great trading week and will just hold until then.
