Audjpyshortsignal
AUDJPY LET'S HOLD ON THE LAST KICK OF A DAYING BULL!!!AUDJPY has madea peak formation high at the level of 96.917 as establishement of of first leg double top pattern formation, the pair is currently trading at 95.230 we anticiate a short but profitable move to the upsite of about 1000 pips of about 2.04% gain.
fromthe the second leg m pattern/double top would have been formed for expected sell.
AUD/JPY 4HR SELL SET UPHi TRADERS this is my trade set up for the AUD/JPY for the new week ahead
AUD/JPY last week broke the higher lower structure and I think will be heading down, possible head and shoulders forming also so I will be looking for a sell trade only
so i will be looking for a pullback to order block zones and to take a sell trade
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
Stronger bears | AUDJPYFX:AUDJPY
As it can be inferred from the chart, we see SM had just grabbed liquidity this factor was in for of EQHs(BSL) once that happened we saw the accumulation phase, then SM manipulated price at the new BSL once this was done, we got the turtle soup, stop hunt. Presently, we expect the price to return to OB and give more bears.
AUDJPY SHortWe may see downtrend. AUD JPY keep making HL in this week. Price being rejected after testing h1 supply zone. In m15, we see the price creating smaller demand zone. We may see if the price reject the zone or break the zone. If it breaks, we may see bearish downtrend after it hit the purple zone which i already make for pending orders for sell limit. If the price break the H4 supply zone, the bigger read rectangle, we will hit our stoploss. However if the price follow the analysis, we may see TP1 on smaller blue rectangle and TP2 on bigger rectangle. We will update the ideas by time.
AUDJPY DOWNSIDE - 72 / 71Capped at fibonacci with a potential head and shoulders pattern, the price needs to return back to it's smoothed moving averages. With the current riots and negative economics surrounding the US Dollar this week, this may be a case of JPY picking up speed for safe haven.... Enjoy!
AUDJPY Quick reversal to the downside after support breakHi traders,
Bollinger Band Spikes give me the best trades but even if we have multiple spikes here, they are not valid for me. I look at the price action, the angle of the spike, previous support/resistance areas and so on. Taking every Bollinger Band spike blindly will get you in a lot of trouble. We also see a slight RSI Divergence.
In this chart, I am waiting for a clean break to the downside, breaking the support area, then entering after the candle has closed.
(This is not a trade recommendation!)