AUDJPY Double BottomThe move towards 99.99 is confirmed further here by this double bottom pattern. We saw today how the price exploded and broke past the neckline. From here, we can cautiously look for signs for a continuation up, lets zoom in.
AUDJPY trade ideas
AUD/JPY Sell Trade – Targeting 96.97244 Pair: AUD/JPY 🇦🇺💴
Direction: Short 🔽
Target: 96.97244 🎯
Time Horizon: By Monday, Jan 20, 05:50 UTC ⏳
The pair has experienced upward momentum, reaching a significant level where a potential pullback is anticipated. Current market behavior suggests a move lower toward the 96.97244 level, in line with observed patterns.
This trade is time-sensitive and expected to unfold by Monday at 05:50 UTC. External factors, such as JPY strength and broader market sentiment, could influence price action. Monitoring closely for further confirmation of expected movement 🔍.
AUDJPYIf the upper channel breaks ill go for long on this pair following below bullish points
Divergence on 4h
Divergence on 1h
Strong rejection from 4h lower channel
If the upper trend line and resistance breaks ill go long
AUDJPY ShortPrice is respecting the higher timeframe fib and made it first push away from the area. Looking for price to pull back into the resistance zone for a second test for an entry. Will wait for lower timeframe confirmation and momentum before entering
Inaugaration plan- AUDJPY01/20/2009 - Prior downtrend since Aug 2008 GFC - then up till mid-June.
01/20/2005 - long till March
01/21/2013- long till Mid February then Short. Up till 3rd week of March found bottom then long.
01/20/2017 - Bounce up then down until mid-April.
Technicals currently favour bullishness on the Yen crosses.
Lesson1: Market Structure Part 2Market structure is going to be the first lesson that we are going to look at, in my opinion market structure is one of the strongest confirmations that a market is going to be trending higher or trending lower.
When we look at the market the very first thing that you want to do is identify whether you are in a buyers market or sellers market. To know whether a market is a buying or selling market we have to refer to the structure that is being displayed on the chart it self.
A buying market displays structure in the following; creating higher highs and higher lows and we know this is a buying market when price breaks into new highs.
A sellers market displays structure in the following; creating lower Lowes and lower highs and we know this is a selling market when price breaks into new lows.
AUDJPY NEXT STEPAUDJPY is falling towards these two red lines ;
the first line is obvious, the tough thing to forecast is what's happening after reaching this one, does it go back up before reaching the next one ?
For us, its should be a "head and shoulders" pattern, meaning some pretty smooth but sure descent towards lower prices, without going back up.
AUDJPY: Bullish Bounce Expected from Key Support ZoneOANDA:AUDJPY is approaching a significant demand zone, marked by prior bullish reactions and strong buyer interest. The current market structure suggests the potential for a reversal in this area if buyers regain control.
This demand zone aligns with a key support area. If price action confirms rejection with bullish patterns such as pin bars or engulfing candles, I anticipate a move upward toward the 96.910 level, representing a key resistance.
This setup aligns with the expectation of a trend continuation from support. Feel free to share your thoughts or additional insights in the comments!
AUDJPY: Free Trading Signal
AUDJPY
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long AUDJPY
Entry Point - 96.697
Stop Loss - 96.279
Take Profit - 97.474
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
AUDJPY BULLISH BATHarmonic Pattern Trading Strategy:
1. Combine patterns with 2-3 confirmations (e.g., MA, BB, RSI, Stoch) for increased accuracy.
2. Implement proper risk management.
3. Limit exposure to 3% of capital per trade.
4. Exercise caution: Not every Harmonic Pattern presents a good trading opportunity.
5. Conduct thorough diligence and analysis before trading.
Disciplined approach = Enhanced edge.
AUDJPY is Holding After Channel BreakoutHello Traders
In This Chart AUDJPY HOURLY Forex Forecast By FOREX PLANET
today AUDJPY analysis 👆
🟢This Chart includes_ (AUDJPY market update)
🟢What is The Next Opportunity on AUDJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Is the bear market bounce in the AUDJPY over? 16 Risk Reward!Hello!
Here is my fundamental case to be short AUDJPY
1) Strengthening economy in Japan
- Is Japan finally out of its 30 year lul?
2) Weakening Economy in Australia
- Are interest rates finally starting to effect the economy?
3) Extreme household debt in Australia due to the extreme property hype cycle (People say its because of immigration, I think this is just a narrative... I remember when Hong Kong 'didn't have enough space') Australia hast had its 2008 moment yet,
4) Debt is on govt balance sheet in Japan already... Australia will probably join the govt debt club once they have their property cycle FINITO.
Here is my technical case to be short AUDJPY
1) We have rallied to the 61% Fibonacci of the first impulse down.
2) The 'False breakout' at 102ish gives us a good level to know we are wrong. This helps to provide a RIDICULOUS risk reward of 16:1.
Thanks
Kavi
Evening Forecast 10//01/2024Hello! this is my evening forecast for 10/01/2024. Going through my main pairs and the DXY
AUDJPY Possible Bullish Continuation Price forming HH and HL. Price broke previous resistance on the daily and now on support on the 4hr which created HH and HL indicating a bullish pattern and Possible continuation.
Risk Management Very Important.
AUDJPY ALERT!AUDJPY ALERT!
AMD pattern confirmed on the Weekly chart!
GET READY FOR A BIG DROP!
Stay alert and prepared for a potential sharp decline!
Follow our updates for timely analysis and trade signals!
AUDJPY: Bullish Continuation is Highly Probable! Here is Why:
Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to buy AUDJPY.
❤️ Please, support our work with like & comment! ❤️
AUD/JPY Trendline Breakout Play!Hey traders, I’m sharing a live trade I’ve just entered on the AUD/JPY pair. Let’s dive into the details, step by step, so you can see exactly why I took this trade and how I’m managing it. 🔥
First, take a look at this beautiful uptrend line I’ve drawn. The price has been respecting this line perfectly, forming higher highs and higher lows, which shows us that the bulls are still in control. 🐂
Right now, the price has bounced off this trendline, and that’s where I entered Long at 98.448.
Why did I take this trade?
1️⃣ Trendline Support: The price bounced from a key support zone.
2️⃣ RSI Confirmation: The RSI is above 50, showing bullish momentum.
3️⃣ Clear Risk/Reward: This setup offers a solid risk-to-reward ratio, which is always part of my trading plan.
Here’s the full breakdown:
Entry Point: 98.448
Stop-Loss (SL): 97.976 (just below the trendline and the last swing low).
Take Profit (TP): 98.870 (a key resistance zone and a logical target for this move).
Risk-to-Reward Ratio: ~1:2
If the price hits my TP, it’s a solid win! If it hits my SL, I’ve kept the loss manageable, as always. 💼
So now it’s a waiting game, but I’m confident in this setup. What do you think? Will the price reach my target? Let me know your thoughts in the comments below, and don’t forget to like and subscribe for more live trades and market insights! 🙌
Disclaimer
This content is for educational purposes only and should not be considered financial advice. Trading involves risk, and you can lose more than your initial investment. Always do your own research and consult a professional before trading.
AUD/JPY LongMarket Analysis:
Asset: AUD/JPY
Timeframe: 1-Hour
Bullish Divergence: Observed on the 1-hour RSI, indicating a potential reversal.
Trendline Breakout: Price is testing a downward trendline, hinting at a possible breakout to the upside.
4-Hour Trend: Confirmed bullish trend, providing higher timeframe confluence for the long setup.
Trade Setup:
Entry Point:
Enter a buy position on the breakout and close above the trendline with confirmation.
Stop-Loss:
Place the stop-loss below the recent swing low or key support zone around 97.50.
Take-Profit Levels:
TP1: 98.98 (prior resistance zone).
TP2: 99.55 (further resistance and psychological level).
Risk Management:
Position Size: Use proper risk management, risking no more than 1-2% of your trading capital.
Risk-Reward Ratio: Aim for at least a 1:2 R/R ratio for this setup.
Additional Confirmation:
Volume Analysis: Look for an increase in buying volume during the breakout.
RSI: Ensure RSI remains above 50 to confirm bullish momentum.
BSL sweep H4 on AUDJPYAs you can see price respects H4 supply and formed BSL Swept and MSS. I will take a short position at the OB zone and target the nearest SSL for the take profit. That’s all and good luck!
PA #4 : audjpy sell 09/01/24Date: Thursday 09/01/2025
Post Analysis:
Number of trades: 1 trade
Daily Profit: -0.1%
Objective: Phase 1 +10%
Account Balance : -4.27%
Next Logical step: Get to 10 trades;
1/ What I did right:
I Spent 1 hour maximum to research the best pair to trade.
I identified the Activity/demand: AUD: Strong move that broke previous day high and backed by fundamental news.
Pair Selection: Aud WEAK and JPY strong - > We are looking to sell the aud.
Beating perfectionism: I took one trade, with 0.1% risk to come back and get used to taking trades.
2/ What I did wrong:
Tight stop loss
Didn’t see the channel pattern taking place.
3/ What I am going to change:
I don’t know yet! Hesitatnig between changing the stop loss or not, so I will leave it like this
AUDJPY Buyers In Panic! SELL!
My dear friends,
AUDJPY looks like it will make a good move, and here are the details:
The market is trading on 98.841 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 98.129
Recommended Stop Loss - 99.245
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
AUDJPY ConsoldiationAUDJPY price moves between 97.45 _ 98.70 levels. Now most likely bears will retest support level and then we should wait for some bullish signal on lower timeframe to enter long position.
AUD/JPY (15-Minute Chart)Anticipating price retracement to mitigate the DEC OB or SMT zone, followed by bearish continuation targeting lower lows. Extreme OB serves as an alternative rejection area.
Use proper risk management when trading these zones.
#AUDJPY #SmartMoneyConcepts #SMC #OrderBlocks #PriceAction
