Audjpysignal
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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AUDJPY Is Heading Lower In Five WaveHi Traders,
AUDJPY just completed a 5-3 wave cycle and the price has the potential to head lower in five-wave to complete the sequence.
Wave A is a leading diagonal followed by a double ZigZag corrective pattern in wave B. According to EW theory, the market resumes in the direction of the five-wave sequence once a correction is completed.
Price also retests the resistance level four times, you're just a profit away!
What's your view on AUDJPY? Let me know in the comment.
Thanks for reading!
Expect price reductionsHello guys
Apparently it does not have the power to climb. Consecutive attempts to defeat the resistance and prove it were unsuccessful.
A long-term and strong trend line was broken and stabilized below it.
If the bearish engulf stick is also seen, the probability will increase. We can wait for the pattern to be seen and act.
AUD/JPY SELL IDEAHey tradomaniacs,
welcome to another trade-setup!
AUD/JPY: Swingtrade-Execution
Market-Sell-Order: 84.300
Stop-Loss: 84.750
Point of Risk-Reduction: 83.880
Take-Profit: 83.175
Stop-Loss: 46 pips
Risk: 0,5% -1%
Risk-Reward: 2,5
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Peace and good trades
Irasor
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AUD/JPY to continue its bullish momentum Hi Traders
AUD/JPY (H1 Timeframe)
A high probability, to go LONG formed @ 84.517 after the market found support @ 84.422, Only the downward break of 84.422 would cancel this bullish scenario.
Trade details:
Entry: 84.517
Stop loss: 84.422
Take profit 1: 84.959
Take profit 2: 85.295
Take profit 3: 85.843
Score: 10
Strategy: Bullish wave-LLTF