Audjpysell
AUDJPY Trading Plan - 10/Apr/2023Hello Traders,
Hope you all are doing good!!
I expect AUDJPY to go Down after finishing this correction .
Look for your SELL setups.
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Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
AUDJPY Snipper entry!!Currency Pair : AUDJPY
Possible direction : Bearish
Technical Analysis : After forming a head & shoulder in 4h, AUDJPY has formed strong bearish price action. As the support is broken, price is currently respecting the resistance line and may continue to drop the nearest support level.
From Multiple timeframe perspective, AUDJPY is highly bearish and may continue to drop.
Possible trade recommendation : Bearish as per chart sketch
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AUDJPY top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AUDJPY H4Hello traders, AUDJPY is setting up for a downside move watch AUDJPY in a yellow box mentioned area with according to your strategy and look for a short position opportunity.
i am looking price action in a mentioned yellow box area for a sell setup trade if my trading condition or strategy allow me to trade it but if price break the yellow box upside then i will be looking for a sell setup opportunity around white box previous support become resistance area, this is my view and analysis about this pair AUDJPY.
This is just analysis, not the exact trade or any kind of signal that proven with wining or losing % so be sure trade with your own according strategy do not depend on my analysis, this analysis is just a scenario and i would love to be wrong because i will learned from it and come back stronger.
I wish you good luck and good trading.
AUDJPY - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on AUDJPY .
Technical analysis: As we can see here we are in a bearish market structure from 4H timeframe perspective, so I am looking for shorts. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 88.000.
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AUDJPY - FUNDAMENTAL + TECHNICAL BIAS#AUDJPY
These days, AUDJPY is slightly UP due to MARKET RISK ON. The reason for that was that the MARKET SENTIMENT was somewhat POSITIVE with FED UPDATES. JPY WEAK AFTER BOJ MEETING.
Because of that, XXXJPY CURRENCIES went UP very fast. It still has an effect. Anyway, they said that the BOJ MONETARY POLICY will be relaxed even more.
Therefore, after JPY becomes PRICE, XXXJPY PRICES may be UP in the future. Even now, we see that the MARKET is somewhat MARKET RISK ON. We expect AUDJPY to RETRACE to higher resistance. Anyway, if the AUDJPY goes upside down again, the VIX should go down and the JPY should go up, and STOCKS should go up. The dollar should continue to strengthen as it has in recent days.
AUDJPY can definitely SELL at 85.00 LEVEL. But somehow, after that, AUDJPY may go up to 92.90 LEVEL. Anyway, if JPY becomes WEAK, if the UP SIDE STRUCTURE is BREAK, there is a very good situation to BUY AUDJPY.
AUDJPY - Expect retracement ✅Hello traders!
‼️ This is my perspective on AUDJPY .
Technical analysis: As we can see here we are in a bearish market structure, so I am looking for shorts. I expect price to continue the retracement as on MACD we have normal divergence which indicates bullish price action. As well I see price to fulfill the imbalance higher and then to reject from bearish order block for a short position.
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TARGET HIT: AUDJPY - 88.35 Yen next target 75.00M Formation Formed on AUD/JPY, broke below the neckline.
This set the bias for downside.
We also had bearish indicators.
200 >21>7
Price<200
RSI<50
Target 88.35 Yen
What next? Well there's still a larger Head and shoulders in the making.
The next target can go as low as 75 yen.
The bias remains down.
AUD/JPY Giving An Amazing Bearish P.A , Short Setup Valid NowThis Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
AUDJPY - Short after filling the imbalance ✅Hello traders!
‼️ This is my perspective of AUDJPY .
Here we are bearish from H1 timeframe perspective, so I am looking for shorts. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish order block.
‼️Attention!!! Due to the fact that we have news events on NZD on Friday, the analysis can be invalidated.
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AUD/JPY showing strong downside after M Formation ti 88.35 Yen M Formation formed over the last few weeks.
Price has broken below the neckline showing downside to come.
200 >21>7
Price<200
RSI<50
Target 88.35 Yen
Interesting Facts
Australia is a major exporter of natural resources such as iron ore and coal, which are in high demand in Japan, a country with limited natural resources.
Japan is the largest foreign investor in Australia, with Japanese companies having a significant presence in industries such as automotive, electronics, and mining.
The AUD/JPY is often influenced by factors such as interest rate differentials between Australia and Japan, commodity prices, and economic indicators such as GDP growth and inflation.
The AUD/JPY has a high correlation with other commodity-linked currencies such as the Canadian dollar (CAD) and New Zealand dollar (NZD).
AUDJPY top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AUDJPY ShortThis price has been forming a rising flag for the past few weeks and I am anticipating that the price will continue with the bearish momentum that has been building for the past few days.
I patiently wait for the price to retest the resistance zone at 92.1, retouched and a bearish momentum has been formed.
My entry point is 91.5, my stop loss is at 92.4, just above the resistance zone.
My target is 88.4, as I am targeting that the rpuce will cover the balance created by the bullish momentum around zone 89.9 - 88.5
My target R:R for this trade is 1:4!
AUDJPY 24 FEB 2023As per Dow Theory this setup seems to form new Lower Low on 4hrs frame. As per daily Chart AUDJPY failing to make new highs since 13 SEP 22. On 20 Dec 22 price fall to make a new Lower low which is the confirmation of trend reversal. Strategy would be Short on strength on Lower time frames
Trade Plan
Short Call :
Entry Price : 91.734
Stop Loss : 93.237
Target Price 1 : 90.228
Target Price 2 : 88.748
( Lot Size 0.09 as per Capital of USD 10000 1% Risk)
AUDJPY - Short active ✅Hello traders!
‼️ This is my perspective on AUDJPY .
Here I expect bearish price action as we can see that price took out buy stop liquidity above trendline, filled the imbalance and rejected from bearish order block.
‼️Attention!!! Due to the fact that we have news on AUD upcoming week, the analysis can be invalidated.
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