Audjpysell
AUDJPY - 4H Pattern Trend SHORTPattern forming in 4H chart. Technical indicators matching with pattern. AUDJPY will go down before going back up. Short AUDJPY
AUDJPY SELL IDEAAs we get a rising wedge formation and a double top formation, it should be cool to go short on this pair.
AUDJPY- BUY OR SELL?Is the price going to respect the up channel?
We have a strong resistance,
but JPY is weak, and the chances
are high to break the resistance.
Wait to break the resistance to have confirmation to buy at 70.70
To sell. We already have two rejects,
it's formed a pin bar but it's not a proper confirmation.
Wait for the price to test the resistance again for a confirmation.
AUDJPY pullback for sell entryPrice pulling back to retest previous resistance zone. ( Return to LP )... for a proper entry for a sell set up. Use proper risk management
AUDJPY SHORTas you can see it broke out of the rising wedge and retested giving me a great short entry.
I expect this to continue to the downside until next support - if it breaks support and becomes resistance, i will await retest and engulfing to scale in another potential position to the 0.618 fib region
AUDJPY moving downtrend!As you can see here from the 1D timeframe, AUDJPY is moving downtrend. Great opportunity to short! Please like, share and follow me if you found this analysis useful! Your support is appreciated!
AUDJPY SELL IDEAAs price broke below the expected support zone, I am expecting a retest to make the support level into resistance in order to get a good confirmation and entry.
AUDJPY SHORTAUDYEN is forming another nice formation for a drop, again if market break aggressively up then short setup is invalid, lets see one more leg down, be safe and good luck.
AUDJPY approaching resistance, look out for potential reversal!
AUDJPY is approaching its resistance at 70.253 where it is could reverse down to its support at 67.685.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDJPY Reversal is possible Hello friends, the daily candles in AUDJPY are getting smaller indicating that the bulls might have run out of steam.
I will expect risk aversion to hit the market very soon once the market participants focus on the gloomy economic outlook of the world.
So, when that happens, currencies like AUD will take a hit and Japanese Yen will gain strength. So, AUDJPY could drop very sharply.
AUDJPY SHORT SUPPLY ZONEI'm not thrilled about this setup but as I said in my previous published post, the AUSSIE might be losing strength for a big drop soon as the Aussie ETF shows price leaving a quality supply zone. And since the Yen ETF shows it rallying, I believe price on the AUDJPY will drop as it enters this 4hr zone. But as you can see, I'm setting up for the smaller sz inside on the 1 hour chart for a 5:1 R:R.
AUDJPY H1We are entering with a sell stop at 68.386 and looking for at least a 40 pip move down.
This move has better structure for a push down compared to a similar setup on the AUDCAD.
AUDJPY Short, Bearish Cypher Pattern, Equal Measured Move1. Bearish Cypher pattern.
2. Equal measured move.
3. Strong resistance level.
4. 0.618 entrancement from 4H lining up with structure, Cypher entry and equal measured move.
AUDJPY Market Outlook | Daily Forex Market BreakdownHey what's up traders? Please LIKE & FOLLOW, thank you! AUDJPY is looking amazing! Keeping a close eye on this pair to see if we can stay under resistance and start pushing lower. Keeping a close eye on this pair potential shorts soon!
AUDJPY approaching resistance, look out for potential reversal!
AUDJPY is approaching its resistance at 68.566 where it is could reverse down to its support at 66.970.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUD/JPY, market manipulated by Fake BreakoutIt's seen quite often when market makers manipulate breakouts. This is a great example of how big players accumulate volume.
AUDJPYPrice reached the main level 68.50 and at this level, short traders reacted.
I'm expecting that this pair will drop at least to 66.50 level.
I will try to go SHORT with every correction.
DISCLAIMER: This is my personal opinion and view of the market, trade at your own risk. Use proper risk management and trust the process.
