Audjpysell
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!
-
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!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN