Audjpy-short
potential cypher pattern good day traders
waiting for any signal of shorting now on the AUDJPY for this cypher pattern formation
going short now as per the targets showing when the chance appears (raising wedge now )
AUDJPY BEAR HARMONICS???Nice if it works out! I will watch for sell confirmation and enter on lower time frame!!! We could see a reverse Head & Shoulders develop also...
400+ Pips SELL
1000+ Pips future BUY
Good Luck!
KEEP THE RADARS UP!!!
Aud/Jpy Short Short Off Supply Zone. Catching midweek reversal
Tp the 50% Fib level
Happy Trading!!!
AUDJPY Daily Timeframe ShortEntry : 80.152
Stop : Above Resistance
First Support Area : 78.751
Target : 76.479
Break even when price breaks through first support area.
Pin Bar on 2 day chart timeframe.
AUDJPY - Short - Great R-RGreat R-R
PROS:
-RSI overbought
-Double top
-HUGE resistance on daily and weekly
-Great RR
-Long run trend line
CONS:
-We broken the daily 200MA. However, its happened in the past and AJ has fallen right back through it. So this con is really a 50/50 one. Still may be dangerous.
Safe and successful trading!
AUDJPY---short possible it will hit the blue resistance ,wait for the star on the top, and then it will possible go downside to grey support line in 4-5days
Personal ideas only, trade with your own thoughts, good luck
4HR AUDJPY POSSIBLE SHORT TO COMESEEING POSSIBLE SHORT TO COME AFTER HITTING SOME HEAVY SUPPORT AND RESISTANCE. LOOKING FOR A DOUBLE TOP WHICH COULD BE THE RETEST. OF THE RED TRENDLINE BREAK
AUDJPY Some Bearish Headway is MadeThis week, price just met the resistance trendline of the bearish sloping channel.
A bearish reaction seen by the price action as well as the MACD on the Daily chart.
A very tested channel.
Target at around 76.2 ish.
AUDJPY still in downtrendDowntrend
MACD Divergence on 4H chart
In corrective structure, so sell the breakout will be a good idea
AUDJPY sell setup formingAudjpy is expected to make a sell rally very soon. Once it breaks and closes below the dotted trend line at the downside, the sell is going to begin. Ride after carefully watching price action.
AUDJPY Short orderShort order placed at key resistance area, crossing trend line. Plenty of room to move down. Stop loss above Previous high with take profit just before Swing low
AUDJPYim looking for a short position in between 80.000 and 80.544. Ill be looking for trendline rejection, testing resistance, and etc for confirmation. If we get a reason for entry along with confirmation ill be looking to add a short position.
AUDJPY 4H Chart.Maybe ShortEven if triangle brokeup , price testing resistance , low volumes , divergence , expecting that to drop if it doesn't break the resistance
AUD.JPY - BEARISH CYPHER SETUP - 77.809On the AUD.JPY 1hr chart we have a potential short opportunity's at the D leg completion of bearish Cypher setup.
The price reversal zone on this pair is between 77.809 & 78.168
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Cypher setup placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets at around 76.710
Stop loss would be placed above X leg structure resistance.
Target 1 - 77.317
Target 2 - 77.003
audjpy short im taking short on aj now stop loss above the resistance take profit zones around the green lines given
audjpythere is a simple and strong reason to go in short with audjpy that it formed inside bar on resistance level.
AUDJPY SHORT POSITIONI opened a short position Sunday evening at the 78.70 level, but was not able to post to tradingview.
Took this on the 4 hour chart with an oversold RSI confirmation
This is an update on the position
We have been moving well due to an impulsive move down , price is now consolidating on the long term trend line and forming a bearish flag. We are up about 40 pips.
This could be another opportunity to enter/ add to positions
* Be wary of AUD interest rate decisions tonight
Whispers are of the RBA to potentially attempt further easing down the line in the relatively near future
Could make for good longer term holds , especially on AUD/USD pairs with the FED looking to raise rates at some point
