Audjpyshort
AUD/JPY - JPY Correction SoonI expect JPY pairs to correct across the board soon, most of them are very oversold. On this pair RSI is very high even on weekly timeframe, same goes for CAD, EUR, and GBP to JPY. All these pairs are at resistance levels, GBP/JPY is actually surpassing the resistance level as well so that is further reason to see a pullback.
I am not entering shorts personally at the moment because the trend is going up very aggressively, this is just an update on where the move may go and where possible longs can be taken from. I expect all these pairs to retrace to at least 0.5 Fibonacci, they could possibly retrace further so the price needs to be monitored before entering trades if and when this happens.
I expected these to see a retrace sooner but they have clearly continued to shoot higher so considering the resistance level and RSI they are likely to correct very soon.
AUDJPY - Price moved as expected. Profit Smashed🤑💸💵🤩🥳Here is a confirmation of the idea I published on 16th February 2021. Take profit 1 smashed. Take a minute of your time to take a look at the post. Thank you for your support💓
AUDJPY - Price moved as expected. Profit Smashed🤑💸💵🤩🥳Here is a confirmation of the idea I published on 20th February 2021. Take profit 1 smashed. Take a minute of your time to take a look at the post.
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AUDJPY shortFlag forming at the top, retracement on the pair is due especially with a toppy AUD, JPY showing strength if very briefly.
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AUD/JPY GOING SHORT ONCE PRICE BREAK THE LEVEL AT 82.883aud/AUD/JPY. is currently at all time high , waiting for price to break through the zone and retest at 82.883
AUDJPY WEEKLY FORECASTAUDJPY PRICE REACHED WEEKLY RESISTANCE ZONE..THERE IS POSSIBLE PRICE CAN MOVE DOWNWARDS.....
AND BELOW THAT THERE IS FRESH DAY LEVEL SUPPORT ZONE..PRICE CAN MOVE UPWARDS...THEN GO LONG..
IF IT FAILS TO MOVE LONG THEN GO SHORT BELOW TO THAT ZONE..
AUDJPY - Buy setup to go long to 83.743This is the result of the analysis I made on 12th February, 2021. Take a minute of your time to check my page for it.
Price broke out of the trendline and it's now moving towards take profit 1 at 83.743.
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AUDJPY: The price REACHED a strong RESISTANCE ZONEPair Analysis Complete
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🟢 Forex Pair :
AUD/JPY
⚪ Technical Analysis :
Since the 2nd of February 2021, the price has been following a strong uptrend, re-testing few times its secondary trendline.
Once it reached the main resistance zone at about 82.280, it started a consolidation phase just below that area.
It is currently moving with a clear sidetrend, getting close to its trendline.
🔴 Conclusion :
The price definitely reached an interesting resistance zone and considering many rejections in the past, I'm confident to see an upcoming bearish movement.
I'll be waiting for the price action around the trendline and eventually it will break down closing at about 81.715, I'll plan my short position on this trade.
Stay tuned for Updates and Trading Signals !
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⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
AUDJPY: Crucial rejection!!! BEARISH retracement opportunity!!!We managed to see an important rejection for AUDJPY at the 161.8% fib level. I will be looking for a short opportunity to my supply level in green. This will be a short term trade opportunity. However, if we managed to see price breaking the support level, I will expect a 61.8% move. If not, the bullish climb will continue eventually seeing 261.8% and higher. As of now, I will stick to this short opportunity. I will update again once we reaches the support zone.
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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.
