Opportunity in AudJpyIts going to be a nice opportunity even if the trade goes bad!
Follow your plan always!
JPYAUD trade ideas
#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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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
AUDJPY - ShortClean rejection followed by flat movement.
I think a local high is formed. Price should see a dynamic move down but with limited downside.
AUDJPY-SHORTAUDJPY was trading in a bullish trend,it seems now the pair is about to start bearish trend on H4 so we will take a short trade
AUDJPY EVERYTHING ON CHART
please check my pre idea so you can understand better
signals and analsys are free... and always will be
AUDJPY - Top In Place! 1500pips Done, 5000pips To Go!In our last analysis we identified that we were looking toppish and gave several ways to confirm the reversal and get in.
We reversed perfectly and dropped 1500pips! We are now seeing a lower timeframe correction but we are still primed to drop another 5000pips.
On lower timeframe, watch for the completion of this correction. Again, we can use several ways to identify when the next big swing is confirmed:
1. Trendline Break
Watch for price to break a trendline that price has been respecting
2. BOS
Watch for price to break a significant swing point
3. Moving Average break
Watch for price to break a moving average that has been respected well
We'll post lower timeframe chart if there's enough engagement with this trade idea!
Goodluck and as always, trade safe!
You can find our previous analysis below:
AUDJPY - 4hrs ( Buy Trade Target range 300 PIP ) 🟢Pair Name : AUD/JPY
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
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spreading knowledge among us and to clarify the most importan+t points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
🟢Key Technical / Direction ( Long )
Type : Mid Term Swing
———————————
✅Bullish Break
98.800 Area
Reasons
✅Major Turn level / D
✅Visible Range Lvn
✅visible range poc
✅Pattern Break out
✅Day / week High Break
✅Triangle Break
✅Fibo Golden
✅Bearish Reversal
102.300 Area
AUDJPY sell signal. Don't forget about stop-loss.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
AUDJPY Sell analysisThe price started consolidating and neither broke a new high or low. The prices at 98.363 created both support and resistance for a further bullish trend. This indicates that the trend will be a reversal and start selling if it hasn't started already. When the reversal starts, there is also a resistance level at this price level 97.853
AUD_JPY BULLISH BIAS|LONG|
✅AUD_JPY is trading in a
Local uptrend and the pair
Made a retest and a rebound
Of the broken resistance level
Of 97.656 which is now a
Support and as we are
Locally bullish biased
We will be expecting a
Further move up
LONG🚀
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AUDJPY, we might see a good SELL!Based on my analysis, I best believe that this pair AUDJPY will start to SELL from next week! It has shown and proven the JPY index will/might get stronger strength!
AUD/JPY SHORT FROM RESISTANCE
Hello, Friends!
Previous week’s green candle means that for us the AUD/JPY pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 95.765.
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AUDJPY: Breakout & Demand ZoneAUDJPY has successfully broken above a key horizontal resistance level and a significant descending trend line.
This breakout has created a widening demand zone.
I expect a bullish movement to begin from the highlighted blue area, targeting 99.30.
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: 101.41
Why we like it:
There is a pullback resistance level that aligns with the 127.2% Fibonacci extension.
Take profit: 96.87
Why we like it:
There is an overlap support level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
AUDJPY: Breakout & Demand ZoneAUDJPY has successfully surpassed and closed above a strong horizontal resistance area and a significant descending trend line.
The broken lines have formed a widening demand zone.
I anticipate a bullish movement starting from the highlighted blue region with a target of 99.30.
AUDJPYAUDJPY closed above previous weekly high with bullish FVG so expect that AUDJPY will go Higher to the next PD array above
AUDJPY Forming Bearish Setup?
Symmetrical Triangle/Wedge: The price is moving within converging trendlines, indicating a period of consolidation with lower highs and higher lows. This typically points to an upcoming breakout, either upward or downward, depending on market momentum.
Trend:
Bearish Projection : The red dotted line suggests a bearish expectation, where the price is predicted to decline after hitting the upper trendline resistance, potentially leading to a breakout on the downside.
Key Levels:
Resistance: Around 98.500 – The price is nearing the upper trendline, which could act as resistance.
Support: Around 94.000 – The lower trendline acts as a key support level, potentially where the price could fall to if the bearish scenario plays out.
Conclusion:
This chart shows a likely bearish scenario for AUDJPY, anticipating a drop towards the lower part of the wedge formation, around 94.000, after encountering resistance near 98.500.
AUDJPY-BEARISH bearish divergence formed in 1 hour time frame take entry when price printing higher low
AUDJPY LONGaud jpy long before short demand and supply it has already tested the demand area and now it will go to the supply
AUDJPY - 100 coming upIF we look to the Price Action of the later part of last week we see
1. Rally - on Thursday in Asian/London sessions a move from 96.06 to 97.87.
2. Base - from this high of 97.87 to 96.71 over the NY to Asian Session on Friday. This corrective pattern was a Bull Flag conferring a continuation to the upside.
3. Rally - from 96.78 - 98.30 in the London session on Friday.
4. Base - another corrective pattern , this time a symmetrical triangle , forming in the last NY session. These Triangles can break in either direction.
Price has moved up to test the Daily Fair Value Gap , established on Tuesday 3rd September.
The present Triangular consolidation is testing the Midpoint of this FVG.
Considering a trade entry , the Bias is long based on the 55MAV above the 100 MAV.
Momentum is suggesting price is likely to break the Triangle to the downside, as we can see Bearish Divergence printing on the RSI.
Volume is suggesting Divergence as well to Price.
ENTRY
IF this does occur, the area of interest would be around 97.20 . Why ?
1. The Optimal Trade Entry sits around the Fibonacci 70.5 Retracement level = 97.30 , for Trend Continuation.
2. The 50 MAV is currently 97.25.
3. Intraday Demand Zone is at 97.15.
STOP
A valid point for invalidation of a long trade from this area, is the low of the Bull Flag acting as the intermediate Swing Low.
Target
1. Symmetrical Price Swing - 99.70 , to front run the daily Resistance at 100.
RR = 3+
