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Audjpyidea

AUDJPY short trade ideaPlan: support level breakout --> wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Short
by GWBFX
1
AUDJPY 180 pips bounce was expected will it reach September highAUDJPY ********* ⏳H4 chart 🎲 Detailed analysis ⛳️Bullish entry / Alternative bearish entry —————-❇️——————- Detailed analysis 💬 1️⃣ Bullish flag formation 76.000 support 2️⃣ 76.550 October month high 3️⃣ Positive risk sentiment, Vaccine news 4️⃣ 75.800 50% Fibonacci Dynamic support and resistance 5️⃣ 78.450 September high acted as strong resistance-Key trend reversal area 6️⃣ 75.640 Point of control - Volume profile 7️⃣ Technical support - Bullish 8️⃣ 78.450 will acted as key reversal-bearish 9️⃣ AUDPY trading within a broad rising channel 🔟 Possible swing target-78.450 #️⃣ Overall long-term trend- Bullish —————-❇️——————- 📉 Technical bias-Day-Bullish Price is above 50,100,200 Exponential moving average 50 Exponential moving average will act as support-Bullish Relative strength index - well above 60 - Bullish trend MACD -Histogram is still in green zone, Oscillators are pointing upward Stochastic - Reached around 75- overbought condition will give a short term fall back expected Ichimoku cloud -cloud is still red and about to turn as green-Price is well above the cloud Bollinger band- Price reached around the upper side of the band-Short term bearish correction towards middle band was expected —————-✳️——————- Key reversal area's 72.000 psychological level 75.640 Point of control area Volume analysis 78.350 Sep month high 76.200 Break and retest area 78.000 Major psychological level 76.450 Possible entry- Bull 78.350 Sep month high/ Alternative bearish entry —————-✳️——————- [bBullish entry #yen #kiwi #nzdjpy Entry price - 76.450 Take profit 01 - 77.300 Take profit 02 - 78.350 🚫 Stop lose 79.950 ⬆️ 2.49 Growth expected ⤴️ Account growth .65: 2.49 ✅ Risk reward ratio 1 : 3.8 —————-⚜️——————- Push the like button , And cheer up if you found useful
Long
by forexorbit
AUD/JPY BUY IDEAHey tradomaniacs, welcome to a new free trading-setup. Note: This is meant to be a preparation for you. As always we will have to wait for a confirmation. AUD/JPY: Day-Swingtrade-Preparation Market-Buy: 75,970 Stop-Loss: 75,480 Target 1: 76,450 Target 2: 76,680 Target 3: 77,050 Stop-Loss: 49 pips Risk: 0,5% - 1 % Risk-Reward: 2,30 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Long
by Trading2ez
3
AUDJPY Top-Down AnalysisHello Traders, Here is the Top-Down Analysis of AUDJPY (Monthly, Weekly, Daily for direction and 4H for entry) for Week 48 - Nov 23 M > Market is moving in a bearish channel. Price faced rejection to the downside from resistance of channel. After impulsive bullish move we expect a drop till 0.382 Fib level that will also create an inverted H & S pattern as well. Hence for long term we can have a bearish target. W > We can see long term bearish target of neck of W formation. Price is currently testing weekly supply zone. D > We can see a W formation and its neck provides us short term bearish target. Price dropped facing rejection at daily supply zone and has paused for correction after hitting daily dead zone. We can expect continuation of bearish move after correction. As per COT AUD saw further closure of Long and closure of Short, reducing net positions (now in -ve). We can see closure of Long and addition of Short in last couple of months, making net positions move from 16K to -08K. AXY weakened during the said period but recovered slightly last week. JPY saw closure of major Long and some Short positions reducing net positions massively in comparison with last report, bringing both Long and Short to least in current year. JXY dropped during the said period but gained strength last week. As long as AUD is weak we can expect drop in this pair. 4H > Price is dropping respecting bearish resistance trend-line. We can enter Short again to compound our position. Pair Correlation > AUDJPY has positive correlation with AUDUSD and AUDCHF and negative correlation with EURAUD. This was my Idea and I hope you find it useful. If you find the analysis of help please leave a LIKE and FOLLOW for receiving all updates during the week. In the comment section share your view or ask questions. Thank You AP17FX
Short
by AP17FX
AUDJPY Top-Down AnalysisHello Traders, Here is the Top-Down Analysis of AUDJPY (Monthly, Weekly, Daily for direction and 4H for entry) for Week 44 - 26 Oct M > Price reached monthly support/ supply zone creating W formation on its way up. Price dropped to test the neck and continued to drop further to test weekly support level. However after a huge impulsive move we expect price to drop at least till 0.382 Fib level for correction before continuing further. A drop till 0.382 level will create an inverted H & S pattern as well. Hence for long term we have bearish target. W > Price dropped till 0.786 Fib level of last bullish impulse that coincides with weekly support, faced rejection and moved upwards. D > On its way down price created an M formation and after facing rejection at daily demand zone it moved up to test neck of M and complete the formation. Price dropped again to daily supply zone and as off now has created a double bottom. Price has again created an M formation and we expect it to rise to test its neck before continuing further with downward move. As per COT AUD saw closure of more Short than Long positions, improving net positions. AXY weakened during the said week but gained some lost position last week. JPY saw closure of Long and addition of major Short positions reducing net positions further however N-R added few Long and closed major Short positions. JXY during the said week ended in a Doji but improved its position last week. We can expect AUD to continue with weakness this week. 4H > On its way down and subsequent way up after rejection price is in a range of about 60 pips. We expect its to move up before reversing for a downward move. Pair Correlation > AUDJPY has positive correlation with AUDUSD, NZDJPY, AUDCHF, EURJPY and Silver and negative correlation with EURAUD. This was my Idea and I hope you find it useful. If you find the analysis of help please leave a LIKE and FOLLOW for receiving all updates during the week. In the comment section share your view or ask questions. Thank You AP17FX
Short
by AP17FX