AUDJPY trade ideas
Correction:The #1 Mistake...AUDJPY Is Going Down ⚠️I was reviewing my last post...and I made a terrible mistake. OANDA:AUDJPY is in a down trend.
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Last week I thought FOREXCOM:USDJPY
Was going up but I was wrong on that one as well...
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Because I had not confirmed the 13 EMA system.
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To learn more about the "13 EMA System" please check out the references below.
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⚠️Disclaimer: Trading is risky you will lose money wether you like it or not please Learn About risk management and profit taking strategies.
AUDJPY:Using the "13 EMA System" is Going Down...Here Is WhyAm looking at this curency pair
and to tell you the truth its hard to believe that
it will crush!
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OANDA:AUDJPY is going down and here is why..
Last week i was looking at this currency pair OANDA:USDJPY
and i honestly thought it will rise.
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Now will it rise?
i am not sure..
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But i think my analysis on it was wrong..
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Looking at this one using the"13 EMA System"
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Its going to go down..
this is something i never thought i would
have to document about.
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Its truely a bear market, and its going to
be sad..Because when i first started trading
the JPY currency pairs where always going up!
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I remember buying OANDA:USDJPY
and it become the number#1 trending currency pair
on twitter.
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But today OANDA:AUDJPY is going down.
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Looking at the 13 EMA on the bollinger bands
you can see that the price of this currency pair is overvalued
and its in a sell position.
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Prepare for a bear market.
Sell this one , is the analysis.
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Rocket boost this content to learn more.
Disclaimer:Trading is risky please learn risk management
and profit taking strategies.Because you will lose
money even if you like it or you dont.
AUDJPY SELL OPPORTUNITY (SWING TRADE)Identified uptrend market structure broken on 4hr time frame.
Bearish Big Shadow, printed with break and retest of 98.760 giving us a bearish engulfing candlestick pattern to confirm short.
Trading the 1 hr chart.
Entry Sell Stop 97.953
Multiple profit targets as indicated on chart. Will update with trade status.
This is not trading advice. This is my personal analysis. Trade at your own risk.
Lingrid | AUDJPY fake BREAKOUT of the 100.00 levelFX:AUDJPY formed a fake breakout of the psychological level at 100.00, reaching that level before failing and rejecting the resistance zone with the formation of a big bearish candle. Overall, the market has been oscillating between the 93.00 and 100.00 levels. Since the market has now bounced off the top of this range and has broken and closed below the upward trendline, it appears that we may see a sharp decline, potentially retesting the bottom of the range. My target is support level at 96.200
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
AUD-JPY Risky Short! Sell!
Hello,Traders!
AUD-JPY keeps growing
In an uptrend but the pair
Is locally overbought
So after the pair hits the
Horizontal resistance
Of 99.9140 we will be
Expecting a local bearish
Correction and a move down
Sell!
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Check out other forecasts below too!
AUDJPY - Strong Round Number Ahead!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈AUDJPY has been bullish trading within the flat rising channel in orange.
However, currently AUDJPY is approaching a strong supply zone and round number $100.
Thus, we will be looking for sell setups on lower timeframes, to be confirmed after breaking below the short-term red channel.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
AUD/JPY Fully Closed +250 Pips 0 Drawdown , Short Entry Ready !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
#AUDJPY 4HAUDJPY (Australian Dollar / Japanese Yen)
Timeframe: 4-Hour (4H)
Pattern: Rising Wedge
A rising wedge pattern has been identified on the 4-hour chart of the AUDJPY pair. This formation typically indicates a potential reversal or a slowdown in upward momentum, as prices move within converging trend lines that slope upwards.
The rising wedge is characterized by higher highs and higher lows, suggesting a gradual tightening of price action. However, the overall sentiment is bearish, indicating that buyers may be losing strength.
Forecast: Sell
Given the current analysis, the forecast suggests a potential selling opportunity. The pair appears poised for a breakout to the downside, which could signal a reversal from the previous uptrend.
Technical Outlook:
Resistance Zone: The upper boundary of the rising wedge, where selling pressure may intensify.
Support Zone: The lower boundary of the wedge, which could act as a target for downside movement.
Key Levels to Watch: A confirmed break below the lower trend line would reinforce the bearish outlook.
Traders should monitor for confirmation signals such as increased selling volume or bearish candlestick patterns to validate the entry.
Keep an eye on broader market conditions and relevant news events that may influence price action
Overlap resistance ahead?AUD/JPY is rising towards the resistance level which is an overlap resistance and could reverse from this level to our take profit.
Entry: 99.77
Why we like it:
There is an overlap resistance level.
Stop loss: 101.47
Why we like it:
There is a pullback resistance level that aligns with the 127.2% Fibonacci retracement.
Take profit: 96.87
Why we like it:
There is an overlap support level that aligns with the 38.2% Fibonacci retracement.
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