AUDJPY - SHORT Just a simple analysis. We can see previous structures had several doji's at these price levels. Possible head and shoulders could be forming. We are expecting a push back down to 73.92x levels. Could also be a simple double top "M" pattern, waiting for that bearish leg down to complete the structure.
Audjpysell
AUDJPY Sell Set-up| TP,SL and 435 Pips TargetAUDJPY is in a trend reversal plus consolidation phase for almost a month now. However, I expect the price to make a quick bearish move very soon. Currently, the price action shows bears are gaining strength to accelerate the downtrend.
Possible Sell Signal:
Entry : 74.15-74.60
SL :75.10
TP :70.00
AUDJPY - SWING - 22. JUNE. 2020Welcome to our weekly trade setup ( AUDJPY )!
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1 HOUR
Bullish pa above main sr level.
4 HOUR
Price closed above, looking for upside pressure now.
DAILY
Overall sideways ranging market, need a push to the upside.
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FOREX SWING
BUY AUDJPY
ENTRY LEVEL @ 73.610
SL @ 72.770
TP @ 74.810
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
AUDJPY - SELLPrice has now reached a key level of support, once broken it will be a sell to the green area
We can see in this chart price has tested this area several times last week before bouncing off, i believe we can get a few more short buys in before it starts to fall
ALWAYS wait for confirmation before jumping in!
AUDJPY - SELL
SL - 74.427
TP - 71.418
AUDJPY SHortWe may see downtrend. AUD JPY keep making HL in this week. Price being rejected after testing h1 supply zone. In m15, we see the price creating smaller demand zone. We may see if the price reject the zone or break the zone. If it breaks, we may see bearish downtrend after it hit the purple zone which i already make for pending orders for sell limit. If the price break the H4 supply zone, the bigger read rectangle, we will hit our stoploss. However if the price follow the analysis, we may see TP1 on smaller blue rectangle and TP2 on bigger rectangle. We will update the ideas by time.
audjpy shortThis pair is looking really good for a short set up, if you look on the weekly time frame you'll see that there was a strong bearish retracement candle. Will be looking for a flag structure on this pair for the downside or the possible retest of resistance if it gets there correctively for the downside move. Will definitely be monitoring this closely this week along with gbpjpy and nzdjpy
AUD/JPY Ichimou Short SellsIf you're a member of mine then this will look familiar.
We already grabbed a little profit off the initial drop and I'm looking for that bearish run to continue.
We can enter a sell here at the kumo with a stop loss above recent price structure highs.
I'm targeting price structure to the left as my overall target, but I've also drawn out some partial take profit levels to aim for along the way as well.
If we fail to get rejected at the kumo or if our bearish confirmations change, this setup could become invalidated.
AUDJPY SElLPrice returned to the 61.8 fib level on the retest of the initial down move. Price should TP at the 1.618 extension.
Price pulled back on the second impulse down to the 61.8% fib level.
Will likely go down to lower time frame for a pullback, trendline break for entry to the downside for ~330+ pips.
AUD/JPY - UPDATE >> Entering the MARKET <<Hello traders,
this is just a quick update on the situation on AUDJPY I posted few days ago. I was waiting for some confirmation of the reaction and here it is. :-)
Check the video and let me know, what are your expectations here.
Have a nice day!
John
FINEIGHT Team