AUDJPY, 4hr tf, sell the end of wave-(iv)After going down for 285 pips from 84.20 to 81.35, today we saw some retracement for AUDJPY.
For me, i still think AUDJPY is bearish and we might see another drop soon.
Price might only retrace to complete wave-(iv). Right now we're at 38.2% fibonacci retracement.
Sell AUDJPY 82.45
Stop loss 82.85
Take profit 81.00 (3.6R)
Use only 1-2% risk
Good luck
Audjpyshort
AUDJPY FOR CONTINUATION SELLS Yes, we saw it. AUDJPY and its contemporary pairs continued to sell off as though their lives depended on it.
As it has been in a downtrend sell opportunities are best after a decent pullback. The last broken level of 82.200 is a level to watch out for.
We should see how price reacts to this area before looking for sell opportunities
AUD/JPY MONTHLY ANALYSISWe have good confluences with this pair:
1.The price is overextended, we can expect a correction.
2. Also the price is retesting a supply zone, where we can expect a rejection to the downside.
Where can we expect the rejection to happen?
If we take fibonacci from low to the high we can see that the .50 and .618 level is align with estructure. We can expect the price to retrace to one of this two zones.
PLEASE SUPPORT THE CHANNEL AND DON'T FORGET TO WATCH THE OTHERS ANALYSIS THAT I HAVE.
THANK YOU SO MUCH YOUR SUPPORT
AUDJPY Got Rejected by a Large Red Candle at Resistance
Welcome back Traders, Investors, and Community!
Hi Traders, AUDJPY on H1 has broken below a major Resistance , retested and got rejected by a large red candle which indicates it might go lower.
⬇️Sell now or Sell at 83.330
⭕️SL @ 83.43
✅TP1 @ 83.030
✅TP2 @ 82.670
✅TP3 @ 82.500
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💡Don't miss the great sell opportunity in AUDJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (83.33).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDJPY is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 49.
Take Profits:
TP1= @ 83.03
TP2= @ 82.67
TP3= @ 82.50
TP4= @ 82.34
TP5= @ 82.15
SL: Break Above R2
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💡Don't miss the great sell opportunity in AUDJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (83.33).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDJPY is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 49.
Take Profits:
TP1= @ 83.03
TP2= @ 82.67
TP3= @ 82.50
TP4= @ 82.34
TP5= @ 82.15
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Waiting for the reductionDescription :
After a strong and long uptrend, it has been sideways and now tends to decline
As we can see, the peaks are respectively lower than each other
If the minor support we see breaks with strength and stabilizes below it, we can announce the beginning of a downward trend.
There is also a cross between MA 20 and 50 clusters.
In this situation, it is better not to look for a long position and consider shorts.
AUD/JPY SELL 📉👋 Hello and welcome traders to another trade idea with Fobian
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👉 WE are waiting for conformation:
- We have triangle formation and waiting price to break it.
- EMA's give us SELL signal.
- Trendline is broken.
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AUDJPY Trading Idea.G'day, Guys.
Today we looking for another bearish movement for AUDJPY.
Based on Daily Time-frame, this pair I still positively seen that AUDJPY changing direction into Bearish.
Today We looking for a Sell Zone between 83.152 to 83.382 with a Stop Loss of 83.693 and a profit target of 82.194.
The main reason for this short is because based on Higher Timeframe chart formation and current conditions on both countries' financial data.
Let's see what happens next.
AUDJPY top-down analysisHi Guys, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis video. 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 my next analysis.
Also let me know your thought in the comment section what you think about this pair.
AUDJPY COULD PULL BACK SHORT TERMAfter a short bullish wave from this pair last week, we see how price is reacting to the resistance of 84.000, with the two daily candles closing as dojis.
We could a short term fall incoming this week. Be careful though that the trend is up.
React to price.
Trade Safe.
AUDJPY SUPPLY 5mIt isn't too late to get in on this. I see another possible sell entry at bottom of this distribution range, which will be greater confirmation. I just don't see price giving up all of that liquidity (green arrow with $ sign). If the institutions behave like, well, institutions, they will drop to take all that money and can quite possible give a 1:9.
AUDJPY, 4hr tf, textbook example of Elliott WaveWe saw a textbook setup of Elliott wave principle.
Wave-iii stop exactly at 1.618 fibonacci extension and price then retrace for wave-iv.
We could see wave-iv stop retracing any time soon. As price now facing EMA-50 as resistance.
We still need protective stop loss to play it safely so we will use 84.00 as our stop loss because there is where wave-i located.
Sell AUDJPY 83.60
Stop loss 84.00
Take profit 81.70 (4.75R)
Use only 1-2% risk
Good luck