IvanLabrie
Short

AUDJPY: Interesting short term short

FX:AUDJPY   Australian Dollar / Japanese Yen
On the verge of Japan data, we are looking at this potential short term short.
The monthly chart has an interesting signal, same as the weekly and daily, all demand lower lows, and fast.
It's possible that we get a time at mode breakout down from this zone.
Keep your eyes open to sell the breakout down.
Should be fast if it works.
Good luck!

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Cheers,

Ivan Labrie
Time at Mode FX
Analyst at Concord Bay dot com
Order cancelled
Comment: Sitting above the mode, still sideways.
Trade active
Trade closed: stop reached: Stop reached, I reversed and recovered my loss with a long. ;)
Hi jvan what is zoar view on this pair now
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IvanLabrie PRO manijeh.kazemi.33
Hi, mostly the same, there is a slight retracement but copper and Aussie are fundamentally weak.
If we get any kind of negative move in the Asian theater it'll selloff.
I'm short AUDUSD but out of AUDJPY for now. (I managed to get to break even after being stopped luckily).
And yours?
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snapshot


All timeframes align!
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Hi Ivan, I have same opinion at the moment. Good Luck
snapshot
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IvanLabrie PRO KevinSinghDhaliwal
Interesting angle, let's see how it goes.
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I'm holding my shorts forever, Coach. You gave me CONFIDENCE! (Thumbs Up ^_^ )Thanks
+1 Reply
IvanLabrie PRO moorekapital
The monthly trend and monthly RESZ confirmation would imply 77.65 by Monday...or else it failed.
It's a short term entry to benefit from the Japanese CPI news.
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