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
Audjpysell
AUDJPY: Short term sell setupAUDJPY has reached the critical zone of resistance around 76 - 76.50 and has developed the bearish divergence.
It gives us the short term opportunity to sell once the support from the most recent up trendline and horizontal level around 75.95 is broken.
We can set the sell target around 74.50 which is the next support. The invalidation of this sell trade would be the break above most recent high around 76.75
Please note that the trend on the higher time frames is still bullish and this is only a short term sell trade, therefore set a conservative exposure in this trade.
GOOD LUCK !!! FOR YOUR TRADES AND DON'T HESITATE TO SHOW YOUR SUPPORT IF YOU LIKE THE IDEA
AUD/JPY at a STRONG Resistance! Am I Shorting?Hello traders,
the price of AUDJPY is getting to a pretty strong resistance area and after such a rally that we could see in previous days, retracement can be expected.
Are we going to short the market? Check the analysis in the video. :-)
John
FINEIGHT Team
AUDJPY with BUY and SELL AreaThe Price is approaching it's resistance area.
The Price should going down for some pips, so that we create a special trap:
BUY LIMIT AREA
SL at 71.480 and TP at 73.220.
Then Mr Price should be arrived at SELL AREA, we create a trap again,
SELL LIMIT AREA
SL at 74.060, and TP at 71.480
Have a safe trade, bro..!
Salam,
Negeri di Atas Awan
Will AUDJPY experience a breakdown this weekAUDJPY has been in a channel like a pattern creating a rising wedge
On a short term move, seeing some bullish correction to the resistance of the channel(rising wedge) will be triggered.
Midterm a possible rejection may occur at that resistance of the rising wedge giving room for the potential fall envisage.
However, A breakdown of 68.684 and bearish imprint will have built my confluences for a short position
AUDJPY - SWING - 14. MAY. 2020Welcome to our weekly trade setup ( AUDJPY )!
-
1 HOUR
Bearish market dropped below our main sr level.
4 HOUR
Overall very strong waving market structure..
DAILY
Expecting another push to the downside, great short entries!
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FOREX SWING
SELL AUDJPY
ENTRY LEVEL @ 68.900
SL @ 69.610
TP @ 67.870
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