Audjpysetup
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
AUDJPY H4After we get the next completed H4 bar, we'll know if it has a chance to continue down, follow thru of strength.
AUDJPY wait for a retest on that trend line. if price holds that trend line as support (previously a resistance), then look for valid long entries on lower tf.
AUDJPY SHORT IDEAStill Bearish on AUDJPY.
Fakeout Spotted at TF 4H.
Currently Price is hovering at 4H Bear Engulf Candle.
Expecting price to Spike around 71.700-72.000 area before continue to drop.
AUDJPY H1Let's get in here for a target of 1:1 and see if any future price action leads to more confirmation price will continue up.
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.
AUD/JPY, opportunity for BuyersFor buyers, a breakout of the trendline on the pullback is a bullish sign. As well as a false breakout of the Support level.
AUDJPY H4 Sell; Channel UpperlineAUDJPY Sell
Entry Price : 66.47
Profit Target : 4%
Stop Loss : 1.50%
AUDJPY SELLWatching this pair for a healthily sell. Trend line resets plus ema rejection as well as rejection of the 50% fib. Multiple confluences to take a short here. Just waiting for price to come up top the purple box region and form some bearish candle sticks to take a short position here to ride it all the way down.
Tale partial profits.
430 PIP gain 7.5/1 RR
AUD/JPY Potential Short Idea | Trading Institutional Order FlowIf we see a pullback, back into the yellow box when the new week opens, I will be most likely looking to short AUD/USD to take out the equal lows created that are marked up. This looks like a pretty solid setup, with it being on the daily chart .
**Education Purposed Only**
- Will
Over 300 pips on this pairOn the daily, we've hit a strong resistance just like the highlighted areas and we see a potential short. I'll be taking this pair as soon as the market opens. Good luck this week!
If you like my analysis, please hit the like button to support.
AUDJPY Analysis: Price bounced from channel resistanceThe pair is following a falling channel in daily timeframe.
It bounced off from the channel resistance and is very likely to continue downwards.
[AUDJPY] 10th December 2019OANDA:AUDJPY
Short-term breakout and retest of the downward trendline + clear support level. :)
Looking for at least a little push up to the upper resistance level.
Keeping the stop loss just below the trendline.
Keep those losses at 1%!
Good luck
AUDJPY 15MHello Traders,
on this sell trade we have an initial target
of 8.8 pips and 2nd target set at 20 pips,
all with immediate momentum.
The stop loss is at the red line up high.
Best,
Jay
AUDJPY analysis: Next Big Move!AUDYEN has been in a downtrend channel since 2018. Price is currently in a bearish wedge, making a corrective movement. Here is what to watch out for next!!!
AUDJPY 15MHello traders!
This is a Tag&Go setup short, a sell stop order,
set and forget style is right on the red line at
73.662
The red circle is the stop and 1st and 2nd
targets are in green below.
Best,
Jay
