Get started
JoeNeilCarey

AUD/JPY BEARISH GARTLEY PLUS DOUBLE TOP OFF 0.382 RETRACE

Short
Australian Dollar / Japanese Yen (FX:AUDJPY)  
JoeNeilCarey  
FX:AUDJPY   Australian Dollar / Japanese Yen
AUDJPY audjpyshort aud jpy Gartley Bearish Gartley Fibonacci Retracement Forex intraday Moving Averages Momentum Indicator (MOM) Relative Strength Index (RSI) Moving Average Convergence / Divergence (MACD) support resisitance Support and Resistance Parallel Channel xabcd fibextensions
5
3
audjpy audjpyshort aud jpy gartleypattern bearishgartley fibonacciretracement forex intraday movingaverage momentum relativestrengthindex macd support resisitance supportandresistance parallelchannel xabcd fibextensions
POTENTIAL COMPLETION OF XABCD PATTERN ON AUD/JPY, WITH THE COMPLETION LEG FINISHING ON THE 0.382 RETRACE OF LONG TERM SWING HIGH/SWING LOW.

A BEARISH REVERSAL CANDLE ON 30M TIME FRAME MAY ADD TO FURTHER CONFIRMATION OF SHORT TERM SELLING, WITH THE 91.30 HANDLE ACTING AS STRONG STRUCTURE RESISTANCE.

DAILY SUPPORT ACTS AS A NICE POTENTIAL PROFIT TAKING AREA, SHORT TERM SELLING CANNOT BE RULED OUT - RSI PIERCING THE OVERBOUGHT MEDIAN LINE ADDS FURTHER CONFIRMATION.

Related Ideas

JoeNeilCarey
EUR/GBP FORMED DOUBLE TOP OFF 0.5 RETRACE OF LONG TERM TREND?
JoeNeilCarey
GBP/JPY OFFERING BEARISH GARTLEY OFF 0.382 RETRACE?
JoeNeilCarey
AUD/JPY OFFERING 0.618 REJECTION/DOWNTREND CONTINUATION
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.