Audjpy-short
AUDJPY - Patience is keyHello Traders.
This week on AUDJPY, time is on your side with this pair.
If 70.000 holds, there is going to be a push in the bearish direction with this pair. (Moves within red ellipsis)
Once it breaks its smaller timeframe trendlines the pair could crash down to either 67.000 or 64.000.
After this, depending on where new resistance areas may be, I could then see it coming up to the trendline at 72.000-73.000 if it rebounds at 67.000.
However, if it hits 64.000 it may retrace back up to 67.000 before its next move becomes clear.
Please share your views, like and comment and even give me a follow :)
Thanks, Roo.
Please note, I am not a professional trader and do not control the market. These are simple ideas based on what I see and what I have learnt. Risk is on you if you choose to follow as I cannot be responsible for your Forex account.
AUD/JPY Bearish Scenario by ThinkingAntsOk🔸 4H CHART EXPLANATION :
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🔸 Price has bounced at the Dailly Resistance Zone.
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🔸 It has broken the Ascending Trendline.
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🔸 The target zone of the move is the Support Zone.
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🔸 Will look for a lower timeframe bearish setup.
🔸 DAILY CHART ANALYSIS:
AUDJPY - Drifting after breakoutAfter breaking out from the channel, AUDJPY is drifting and if it manages to go under the blue zone and make a retest we can make an entry.
Targets would be around 66.120 and 65.360, giving us between 4 and 5:1 R/R considering the stop loss above the last move, around 69.100.
A plus is the JPY being a strong currency during these risky times, that can help this trade development.
AUDJPY short 14/04/20Looking for a retracement into the 61.8-78% area.
Diagnosed a significant point of interest I am looking for a reversal at.
AUD/JPY On the Reversal Zone by ThinkingAntsOk🔸 WEEKLY CHART EXPLANATION:
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🔸 Price is on a downtrend since 2013.
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🔸 It is now on a pullback to the broken Support Zone (now Resistance Zone).
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🔸 We expect a rejection here, and, in that case, price has potential to reach the Support Zone/Descending Trendline.
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🔸 Will look for a lower timeframe bearish setup.
🔸DAILY CHART ANALYSIS:
AUD/JPY1H break out strategy. We have seen some accumulation and 3rd touch of the low bullish parallel channel.
*Watching for price to close outside of the channel and 2nd candle close for confirmation before looking for a potential short.
*NotFinancialAdvise
AUDJPY short for 100pipsGoing short here after first pullback of the breakout from the up-trend formed since 19 march! what do you think ? Leave a comment!!
AUDJPY SHORT SUPPLYThe previous upward trend could on the verge of reversing for the downtrend. At the point on the 5-minute chart, price broke the previous low, putting the currency pair in a sideways trend, giving me a reason to believe price will drop more for at least a 1:1, maybe more.
audJpy Possible Long Setuptesting of support on 50 EMA coming up< waiting for Bullish Conformation Candle in the green zone, follow the trend.
AUDJPYconsolidating
Price will fall
We wanna sell when it’s breaking down from the consolidation zone
AUD/JPY Potential Short Set UpAUD/JPY has gaped down and the gap has since been a clear resistance. Will be watching the 4H chart for entry. Looking to sell either when (orange) uptrend is broken, or if price goes back up to the gap and rejects from there. Pay attention to the candle sticks! (Dojis, engulfing, hammers, etc) for confirmation! *Bearish set up is invalid if we get a close above the gap.*
AUDJPYHi Traders.
*Please consider Money Management and Risk Management and follow your rules . this is only my opinion !
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Please Share your opinion in comments.
AUDJPY trading the slide downHello everyone
I'm coming back
so I see the opportunity that AUDJPY will slide down
so hopefully you will take this chance
RR is 1:2+ as you can see in the picture
good luck
If you like please follow
AUDJPY SHORT (LONG TERM TRADE, 1M)Head and shoulders forming. Still a ways away to go for a breakthrough as it is the month view, but a downward channel ending one of the shoulders is a good sign. Do not sell yet unless you believe it’s a good idea
A matter of bounce AUD/JPYThe trend ended up in a very tight corner. The price moved down to the support, and instead of going up and going to form a symmetrical triangle formation, it decided to suicide by dropping below the support line. Now is a matter of how many bounces is going to have during its descent.
AUDJPY SHORTAnother short opportunity, very similar set up to our NZDJPY trade, same overall down trend on the higher TF's and a small corrective up trend on the 4hr and daily TF's, after breaking the support phase line of the smaller up trend we had another CBO style entry with a solid retest and rejection of the 50 EMA, markets now continuing to reject and fall to the downside. More than likely being gravitated towards the lower support level on higher time frames where there is most likely a high level of limit orders and liquidity waiting to be snatched up by the market.
