AUDJPY BREAKOUTLook at the above chart, you can clearly see that it has already given BREAKOUT of the upper TRENDLINE. From here it can consolidate here for next 3-4 days and can again go upward.
KEY POINTS
Entry- 83.350-83.950
Stoploss- 82.250
1st Target- 85.250
2nd Target- 88.000
Will keep Updating.....
Audjpyidea
Another SELL opportunity almost readyHi Traders,
Price has correctively reached the upper boundary of the expanding structure which we could see a reversal happen. Only if price impulsively pushes down with a LTF correction made after, will I then go short.
Keep your eyes out on this pair.
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Trade Safe!
AUDJPY | Bullish SetupAUDJPY is looking bullish at the moment. The price action suggests it has given a breakout from falling trendline and restest it as well. The supportive trendline is also in action but it is a tentative one (white)
Buy on dip is suggested with stoploss on the horizontal area (arrow drawn)
Trade your levels accordingly.
AUD/JPY 4HR SELL SET UPHi TRADERS this is my trade set up for the AUD/JPY for the new week ahead
AUD/JPY Looking like could pull back into the order blocks and form head and shoulders pattern, I will be waiting on confirmation of this before placing a sell trade
This is my analysis only please trade with caution and risk management in place
clean crisp charts I hope it helps if you have any questions please private message me
good luck for this weeks trading
please follow like and comment thanks
AUDJPY Analysis/Trading Idea ShortLooking at the pair under 4hr tf, the market is in a downward trend and most especially making waves in the channel. Right in the channel, there appear an upward channel, there was clear reject at 50% fib level downside and also a clear rejection upside of the middle channel at 50% fib level leading to a bullish movement. We are expecting a retest at 61.8% fib level up for a clear confirmation of bearish movement down the main channel by next week.
AUDJPY Analysis/Trading Idea ShortLooking at the pair under 4hr tf, the market is in a downward trend and most especially making waves in the channel. Right in the channel, there appear an upward channel, there was clear reject at 50% fib level downside and also a clear rejection upside of the middle channel at 50% fib level leading to a bullish movement. We are expecting a retest at 61.8% fib level up for a clear confirmation of bearish movement down the main channel by next week.
EWT: AUDJPY is forming a contracting triangle.Currently, AUDJPY is forming a contracting triangle on the corrective wave ((4)). Price has completed sub-wave (C), and sub-wave (D) is in progress.
After completion of the (D) wave, the terminating wave sub-wave (E) will break the B-D trendline of the contracting triangle.
Wave (D) can end nearby 78.6% retracement of wave (B).
If the price breaks the B-D trendline, It can move to 85.35-86.25-88-89 . The traders should put protective stop loss at 78.78.
wave (5) may end at 89.609, which is inverse Fibonacci retracement 1.618% of wave (4)
Wave (E) can complete between 0.618 to .786 Fibonacci levels.
That's why a trader can expect the following targets for wave (E) 83.44-82.50-81.03 as targets of wave E.
If you want to trade wave (E), then you should have a trailing stop due to the high volatility of wave (E).
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.
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
AUDJPY | The safest place to buy✔️Hello traders , AUDJPY in daily timeframe , In this symbol, waves 1, 2, 3 and possibly wave 4 are complete and now we are inside wave 5.
As we said, we considered wave 5 as a leading triangle, and from this wave, waves 1, 2 and 3 are formed very normally.
But Wave 4 has corrected Wave 3 more than usual, making it somewhat unreliable.
Given that Wave 4 reacts very well to the beginning of Wave 3, it considers the same scenario, and we think this is the recent ascent for Wave 5 from Wave 5.
Wave 5 of wave 5, like the previous waves of the triangle, is formed in the form of three waves, and from these three waves, wave a is being formed. The end of wave 2 passes. This scenario is partially fielded, but otherwise a side region is formed for the completion of wave a and the formation of wave b, and then the ascent for wave c begins, provided that the Fibo 0.618 is completely broken.
If the downward support (warning sign) is broken, the wave count will enter a new phase and confirmation for the start of wave b will be at a higher time.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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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 4HR SELL SET UPHi TRADERS this is my trade set up for the AUD/JPY for the new week ahead
AUD/JPY last week broke the higher lower structure and I think will be heading down, possible head and shoulders forming also so I will be looking for a sell trade only
so i will be looking for a pullback to order block zones and 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
AUDJPYHello everyone, and welcome to my TradingView profile, my name is TRADiNG_Club_ and today I am going to analyze AUD/JPY a full technical analysis on different time frames using a translation of market information While doing so, let me give you a personal opinion about it. The next most likely market movement and helps you find and manage market opportunities.
My thoughts are for those who are interested in improving their financial education.
THANK YOU..
AUDJPY possible directionAUDJPY Weekly chart shows that it already completed Elliot Wave 1-5 and starts ABC pattern. Hopefully market is in B zone and it may create pattern for short targeting the level 0.7600. Weekly price action is still bullish and we need to wait and observe price behavior. Let get set up the short pattern and enter with the price action confirmation. We will update later.
Good Luck...
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