AUDJPY are good risk reward to open short positionguys ,it's back to my zone. today yesterday i was adding short position to my portfolio and it's take stoploss. so today i was add new short position to follow my plan about head and shoulder pattern. let see what will be.
i know ,it was hit my stoploss 3 time since i was publish this idea. but as you can see the pattern are too much clear by itself also give you a good risk reward. if it's going down. it's will cover all loss anyway. this is daily chart pattern and it's a big pattern. it's common situation too take long time to action follow itself pattern(like few week to few month). the professional trader can always wait for the good opportunity and patient with discipline is the key. all of you know about it.
Audjpyforecast
AUD/JPY 4HR SELL SET UPHi TRADERS this is my trade set up for the AUD/JPY for the new week ahead
AUD/JPY as following previous weeks analysis i can see this pair still falling down lower so only looking for a short
so i will be looking for a pullback to order block zones to take a sell trade
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
AUD/JPY 4HR SELL SET UPHi TRADERS this is my trade set up for the AUD/JPY for the new week ahead
AUD/JPY i can see still falling down lower so only looking for a short
so i will be looking for a pullback to order block zones to take a sell trade
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
AUD/JPY: Quick Reversal After Mid-Term High AccomplishedThe AUD/JPY has suffered a strong reversal lower in early trading this morning, and this follows a mid-term high yesterday which saw the 84.300 level challenged. As of this writing, the AUD/USD is trading slightly below the 83.000 juncture and fast conditions are prevailing. Yesterday’s higher values were not experienced since the middle of November. This morning’s low is testing support which has been demonstrated since the Christmas holiday ended.
Speculators should be prepared for the potential of more volatility in the short term for two reasons. Trading volumes are becoming full again following the holiday season and this means financial institutions are now participating.
The increase in Forex transactions is bound to cause some imbalances short term as the market responds to larger orders being processed. The AUD/JPY was able to demonstrate a solid bullish run higher since the 20th of December when the Forex pair was trading at approximately 80.300.
Also, this morning’s trading comes after some nervousness has been expressed on global equity indices and this could also have weighed into the AUD/JPY as risk-averse trading took hold. Choppy price action in equities could create a bearish sentiment for the pair to be exhibited near term.
If the AUD/JPY remains under the 83.000 level and begins to flirt with the 82.900 ratio, this could be an indication that further downside action could be seen in the short term. Technical sentiment may create targets near the 82.800 to 82.700 levels as potential targets. Because the AUD/JPY can move fast, traders looking for quick hitting results should make sure they use take profit and stop loss orders to participate safely within the Forex pair.
Although the AUD/JPY has made solid strides upwards the past month of trading, speculators may eye the potential more selling to develop in the short term. If resistance levels prove durable near the 83.100 juncture today, traders may want to wager by selling the AUD/JPY on slight rises to ignite their selling positions. Speculators should anticipate volatility to occur, and if the 82.750 support level is proven vulnerable, the AUD/JPY could traverse lower. On the 24th of December, the AUD/JPY was trading near the 82.420 ratio.
AUD/JPY Short-Term Outlook
Current Resistance: 83.150
Current Support: 82.740
High Target: 84.180
Low Target: 82.100
AUDJPY | Sell opportunity. Get ready!If you find this technical analysis useful, please like & share our ideas with the community. Coming to the technical analysis of AUDJPY , I think we are going to see a downward movement. If you are going to go short now, make sure to place the stop below the previous resistance area .
What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis.
Good Luck!
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
AUDJPY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AUDJPY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AUDJPY SHORT TRADE BREAKDOWNGetting a strong rejection at the time of typing this so it may be too late to jump on short trades, but I thought Id give a little longer breakdown video and mark on some levels just to show a little bit of my trading style. If you manage to get entry's id be looking at taking some profit at 82.850 and targeting some longer term areas around 82.200
AUDJPY short with 4x Confluences.
Confluences listed:
1: Trendline breakout and close on the Daily timeframe
2: Change in market structure and new lower has been formed
3: Break and close below support around the 84.7** area
4: Bearish engulfing candle at support
Summary:
Entry will be taken during the NY session. The trade has a potential RR of 2.5: 1 or more, depending on how deep the pull back is. Target are set using fibs from the high to the low of the breakout candle.
AudJpy- Ready for 88After the correction from 85 to 77 strong support, AudJpy has resumed its up-trend, recovered losses, and is trading now just in the old local high zone.
For 2 weeks now the pair is consolidating gains and is putting in a small continuation triangle on our daily chart (visible, of course also on small TFs)
At this point, AudJpy looks ready for a break up and the target could be 88 strong resistance (visible on weekly and monthly)
A drop under 84 would negate this scenario
AUDJPYHello Traders Welcome back to another profit day
If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions
Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
AUDJPY with OB view
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
The information given is not a Financial Advice.
Please support this idea with a like, if you find it useful
have a good profitSday guys
CHRISTMAS MIRCALE AUDJPY Swing SELLHello guys
I'm planning to hold my sell till this Christmas eve.
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.