Audjpysetup
AUD/JPY FULL BREAK DOWN FULL BREAK DOWN FROM MONLY / WEEKLY / DAILY
TITLE/(DATE)- AUD/JPY (8/24)
ASSET- Forex
PLATFORM- MT4
ORDER TYPE- SELL LIMIT
Time Frame- 1w
ENTRY PRICE 1- 76.400 (pending)
ENTRY 2- 76.700 (pending)
STOP LOSS- 77.000 (60 PIPS)
TAKE PROFIT 1- 75.800 (60 PIPS)
TAKE PROFIT 2- 75.200 (120 PIPS)
TAKE PROFIT 3- 74.600 (180 PIPS)
TAKE PROFIT 4- 74.000 (240 PIPS)
STATUS: Pending
AUD/JPY SHORT SET UP (WEEKLY TimeFrame) {Signal}TITLE/(DATE)- AUD/JPY
ASSET- Forex
PLATFORM- MT4
ORDER TYPE- SELL LIMIT
Time Frame- 1w
ENTRY PRICE 1- 76.300 (pending)
ENTRY 2- 76.600 (pending)
STOP LOSS- 76.900 (60 PIPS)
TAKE PROFIT 1- 75.800 (60 PIPS)
TAKE PROFIT 2- 75.200 (120 PIPS)
TAKE PROFIT 3- 74.600 (180 PIPS)
TAKE PROFIT 4- 74.000 (240 PIPS)
STATUS: Pending
AUD/JPY: Will Fall Form The Sky Watch Now Dont Miss The EntryDisclaimer : The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
AUDJPY, SHORT AT THE DAILY?!**ENG**
Price reaching a major resistance zone at the daily timeframe, we are expecting a rejection of this level followed by a drop to our 38.6% FIB level.
**PT**
Preço quase a atingir a nossa zona de resistência no timeframe diário, estamos à espera de uma rejeição deste nível seguida de uma queda até à zona dos 38,6% do FIB.
AUD/JPY, Strong Bearish move down is about the corner.AUD/JPY is currently retesting 0.5 Fib, which is acting as a strong Resistance zone. If we broke the uptrend, we would be looking for some nice short trade by market.
AUD/JPY Technical Analysis.Currently, AUD/JPY is trading at 74.45. The pair is consolidating in the resistance and support wedges. Previously, the pair was trading in an up trend and after touching the resistance level it started consolidating in the resistance and support levels. If the price breaks the resistance level at 74.53, then it may start a new up trend and its target price will be at 76.63. If the price breaks the support level at 72.69, then it may start a new down trend and its target price will be at 71.19.
Follow a proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
Do follow us for future Forex trend analysis and ideas.
Thank you,
Rishikesh Lilawat
AUD/JPY Technical Analysis.Currently, AUD/JPY is trading at 74.36. The pair is consolidating in the ascending triangle resistance and support wedges. Previously, the pair was trading in a down trend and after touching the support level it started consolidating in the resistance and support levels. If the price breaks the resistance level at 74.20, then it may start a new up trend and its target price will be at 76.24. If the price breaks the support level at 72.72, then it may start a new down trend and its target price will be at 70.92.
Follow a proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
Do follow us for future Forex trend analysis and ideas.
Thank you,
Rishikesh Lilawat
AUDJPY June H1 Analysis AUDJPY has broken bearish counter trendline and formed a double bottom pattern. It has retested the neckline and is now forming a potential H1 Bullish engulfing. If H1 closes above this previous candle's upper wick, I will look for the buy
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
AUDJPY *Analysis Update*1. Price to form a Daily bearish variation and pullback from current area
2. Price to find support at a previously broken Resistance or Previous support that lines up with 61.8 fib & near Monthly key level
3. Price to form a Daily Bullish Variation
What I'm looking for on H1/M30 TF:
1. Price to break uptrend structure
2. Bearish structure until Price reaches previous Daily LH zone or Daily Support zone at 61.8
3. Break of bearish Structure, Retest with a Bullish Engulfing
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
