Audjpyshort
AUD/JPY, let's go along with the trendThe price is in a massive downtrend. The price is currently testing the previously broken major zone of support turned resistance. The same key area aligns with the 0.618 Fibonacci retracement level. We are waiting for more confirmations before getting ready to open short positions
AUDJPY | The best area to buy 📍Hello traders , Our goal in this analysis is to give you an overview of the future of symbolism.
In this analysis, wave a in larger timeframes is completed as 5 waves, and this ascending wave is related to wave a from wave b in higher timeframes.
Based on the investigations done in the smaller time frames, we think that wave a will end from this point or finally at the end of the previous wave 4, and wave b will be completed at the specified price target.
If the bottom of the red channel is broken, wave b is confirmed.
The best place to shop is after the roof of the blue canal is broken.
If the price crosses Fibonacci 0.618, this analysis will be fielded.
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AUD/JPY:PRICE ACTION ANALYSIS | DOWNTREND | SHORT VIEW 🔔The forecast for the AUD/JPY remains bearish as price action nears the completion of its reversal after reaching support. The minor rally allowed the Tenkan-sen to stabilize and turn sideways, but the Kijun-sen extends its slide. Adding to the bearish outlook for this currency pair is the descending Ichimoku Kinko Hyo Cloud, together with persistent inflationary pressures.We can also note that the price is in Overbought in Stochastic, the volumes are still green due to the Pullback in place, the price is around the 61.8% Fibonacci level on which the previous support is present.
Can bears maintain control over price action and force the AUD/JPY into its horizontal support area?
AUD/JPY at CRUCIAL Price-Zone!hey tradomaniacs,
AUD/JPY looks interesting 👉
Very curcial price-zone that might give us opportunities very soon!
If price holds support I will be looking for alongs after a breakout!
if price drops down we can expect momentum to catch!
What is your personal bias on AUD/JPY?
Share your charts =)
AUDJPY | Small correction♻️Hello traders , Our goal in this analysis is to give you an overview of the future of symbolism.
This analysis is prepared in daily timeframe but has been published for better view in 2 days timeframe.
In this analysis, we examined the a wave in the weekly time frame.
Based on this wave count, waves 1, 2 and 3 are complete and now we are inside wave 4.
In wave 4, wave a is formed as 5 waves, so we expect wave 4 to be completed in a zigzag pattern.
Wave a is complete and Wave b is forming, and Wave b must move to a maximum of 0.618 Fibonacci.
The upward movement of the price that has started is related to one of the waves of wave b, but to be sure of wave b, we first expect the pink channel to break.
After the completion of wave b in the specified Fibo, we expect the price to fall to the specified area to form wave c.
If the price moves higher than Fibonacci 0.618, wave 4 ends at this point and wave 5 starts.
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AUDJPY - Bearish BiasAUD - Strong Bearish
1️⃣ New South Wales Australia reported 1,029 cases of local infection. Meanwhile, lockdowns in the state were extended until September 10.
2️⃣ Market sentiment turned negative after Australia reported more than 1 thousand cases of infection.
3️⃣ As a high-beta currency, the AUD is under pressure from negative sentiment.
4️⃣ Retail sales in Australia declined by 2.7% in July 2021, compared with market forecasts of a 2.3% fall and after a final 1.8% drop in June.
JPY - Strong Bullish
1️⃣ Risk-Off sentiment benefits the safe-haven JPY.
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Technical
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We are selling the AUDJPY after its break the support levels.
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Risk to this trade
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Any change in sentiment could turn the pair's direction.
AUD/JPY BUY NOW.......
💹AUD/JPY ⏬BUY @ 78.353
✅TP-1# 78.497
✅TP-2# 78.870
⛔️SL 78.000
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AUD/JPY:DOWNTREND|FIBO PULLBACK|PRICE ACTION+NEXT TARGET|SHORT🔔Welcome back Traders, Investors, and Community!
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AUDJPY | The best area for buy🔥Hello traders , Our goal in this analysis is to give you an overview of the future of symbolism.
In this analysis, wave a is completed in higher timeframes and we are now inside wave b.
This uptrend is a 5-wave movement for wave (a) of b, and the price ends from this point or finally Fibo 0.618 to form wave-5.
After the completion of wave a, we identified 3 price targets for wave (b) and the last price target, Fibo 0.618, should not be broken.
If Fibo 0.618 is broken, this analysis will be fielded.
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AUDJPY SHORTMarket is in a downtrend since June, last week we took price to 78 and now we see a nice retracement to a good area of resistance (between 0.5 and 0.618 fib levels) where we expect price to bounce from, and visit 78 areas once more or create some new lows, either way there are some good trade opportunities here. Wait for the market to react and enter only if the resistance holds.
AUDJPY - smart moneyAUDJPY is a pair I've been eyeballing this week for potential sells this week most likely (next week) This setup is a potential intra day swing setup thus can bring very High RR if disciplined enough with your trading plan and SL and BE styles. I'll first be targeting 79.500 for 1.5 % risk and second entry will be 81.500 for 2% risk. Please stay disciplined this week, go get em :100:
AUDJPY | The best area to buy📍Hello traders , Our goal in this analysis is to give you an overview of the future of symbolism.
In this analysis, we examined wave a in the weekly time frame.
Based on the wave count we did in this time frame, waves 1, 2, 3 and 4 are fully forming and now the microwaves of wave 5 are forming.
In this wave, waves 1, 2, 3 and 4 are complete and wave 5 is being formed, and we expect 0.618 to be completed in the Fibo area and the price to prepare for wave b to form.
But we must also consider the potential for decline, if the price moves above Fibonacci 0.618, this analysis will be field because wave a will be 5 waves.
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AUDJPY | The best place to buy 🔥Hello traders , Our goal in this analysis is to give you an overview of the future of symbolism.
In this analysis, we examined wave a in the weekly timeframe analysis.
According to the wave count we did, waves 1, 2 and 3 are complete and now we are inside wave 4.
In wave 4, wave a is formed as 5 waves, so we expect wave 4 to be completed in a zigzag pattern.
Wave a is relatively complete, but we expect a slight further drop in price if the red circle is broken.
From the same price or finally the pink trend line , we expect the upward trend to start and the formation of wave b, wave b can finally move to Fibonacci 0.618, if wave b moves beyond Fibonacci 0.618, it indicates that wave 4 is over and wave 5 has started.
After Wave b is completed, we expect the price to move above the price targets we set for Wave c based on Wave 4.
The best place to shop is after the purple circle is broken.
This analysis is fielded if the price crosses the warning sign.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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AUDJPY | The best place to buy 🔥Hello traders , Our goal in this analysis is to give you an overview of the future of symbolism.
In this analysis, we examined wave a in the weekly timeframe analysis.
According to the wave count we did, waves 1, 2 and 3 are complete and now we are inside wave 4.
In wave 4, wave a is formed as 5 waves, so we expect wave 4 to be completed in a zigzag pattern.
Wave a is relatively complete, but we expect a slight further drop in price if the red circle is broken.
From the same price or finally the pink trend line, we expect the upward trend to start and the formation of wave b, wave b can finally move to Fibonacci 0.618, if wave b moves beyond Fibonacci 0.618, it indicates that wave 4 is over and wave 5 has started.
After Wave b is completed, we expect the price to move above the price targets we set for Wave c based on Wave 4.
The best place to shop is after the purple circle is broken.
This analysis is fielded if the price crosses the warning sign.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️