AUDJPY has rallied into the previous swing high at 20-year levels and is now beginning to show possible exhaustion signals.
🔍 Current Read
Strong bullish move into major resistance
Price just printed a bearish engulfing candle
4H momentum is divergent and strongly bearish
Daily momentum is now:
Hooking bearish
Divergent
📊 Volume
4H bearish volume just printed at 92
→ Strong participation entering at the level
🧠 What We’re Watching
This is NOT an entry yet.
We are now watching closely for:
Continued rejection at the highs
Structure confirmation
Lower timeframe alignment
If those conditions complete, this could become a high-quality reversal setup.
🔥 Key Reminder
Major levels + divergence + volume
deserve attention—but not anticipation.
Observation, not a signal.
Do your own research.
🔍 Current Read
Strong bullish move into major resistance
Price just printed a bearish engulfing candle
4H momentum is divergent and strongly bearish
Daily momentum is now:
Hooking bearish
Divergent
📊 Volume
4H bearish volume just printed at 92
→ Strong participation entering at the level
🧠 What We’re Watching
This is NOT an entry yet.
We are now watching closely for:
Continued rejection at the highs
Structure confirmation
Lower timeframe alignment
If those conditions complete, this could become a high-quality reversal setup.
🔥 Key Reminder
Major levels + divergence + volume
deserve attention—but not anticipation.
Observation, not a signal.
Do your own research.
Trade active
We took a short position at the entry price we wanted. Now we will let the market do it's thing. Note
Wednesday 6.10 TRADE UPDATE — AUDJPY 📉After reviewing the charts using the Daily timeframe as the primary filter, we continue holding our bearish outlook on AUDJPY.
Our original short entry was taken on 5.14 at 113.91 after the VMS 2.0 reversal conditions aligned at the 20-year highs.
On 6.3 we added a second short position after another bearish opportunity developed within the same overall structure.
Current market price is approximately 112.67.
This market spent over a year in a strong uptrend before stalling at major long-term resistance, and we continue to believe the larger move lower may now be developing.
Current observations:
✔ Major rejection near 20-year highs
✔ Daily chart remains the primary directional focus
✔ Bearish structure continuing to develop
✔ Second short position added after additional confirmation
✔ Market continuing to move lower from resistance
Using the Fibonacci tool, we continue targeting the 38–50% retracement zone near the 103.00 level as a possible longer-term target area.
Current projected risk/reward on this setup remains approximately 12:1.
This trade is another strong example of allowing larger Daily structure and momentum conditions to guide patience and trade management over time.
Volume. Momentum. Structure.
Educational purposes only. Not financial advice.
Note
TRADE UPDATE — AUDJPY 📉June 11, 2026
AUDJPY continues moving in our favor and yesterday's Daily candle provided another encouraging development.
Most notably, price broke below and closed below the recent swing low, which is an important sign that bearish structure may be strengthening.
Current observations:
✔ Daily close below the recent swing low
✔ Bearish structure continuing to develop
✔ Market moving favorably from our entry area
✔ Long-term reversal thesis remains intact
✔ Major resistance rejection still holding
This is the type of price action we want to see following a reversal setup at major highs.
While there is still a long way to go before reaching our larger target area, the market continues taking constructive steps in the direction of the trade.
As always, we remain focused on the Daily chart, momentum, and structure rather than short-term fluctuations.
Patience remains the key.
Volume. Momentum. Structure.
Educational purposes only. Not financial advice.
Note
AUDJPY TRADE UPDATEJune 12, 2026
AUDJPY remains active and profitable, although the market is currently retracing and giving back a portion of the gains we have seen over the past several days.
This type of price action is completely normal, especially when managing larger swing trades on the Daily chart.
Current observations:
✔ Trade remains in profit
✔ Market is retracing after a favorable move lower
✔ Long-term bearish structure remains intact
✔ Major resistance rejection remains valid
✔ Original trade thesis remains unchanged
One of the most important aspects of this trade is maintaining perspective.
We are not focused on short-term gains or short-term pullbacks.
Our objective is to capture a much larger move if the market continues developing as expected.
Using the Daily chart, Fibonacci levels, and overall structure, our projected target remains approximately 12:1 risk/reward.
Large trades often require patience, and meaningful pullbacks are frequently part of the journey.
For now, we continue monitoring structure, momentum, and price action while allowing the market the room it needs to develop.
Volume. Momentum. Structure.
Educational purposes only. Not financial advice.
Note
📅 June 15, 2026AUDJPY Short Trade Update
AUDJPY has moved against our position over the last couple of sessions, but the trade remains in profit at this time.
One thing worth noting is that the Daily Momentum Indicator has begun hooking higher, which could signal a short-term upward move. This is something we'll continue to monitor, but it does not change the original reasons for entering the trade.
The larger picture remains the same.
AUDJPY continues to trade near 20-year highs and maintains a solid Triple Top structure. From a longer-term perspective, the market remains in a location where a meaningful reversal could still develop.
As traders, it's important to separate short-term market noise from the original setup. Markets rarely move in a straight line, and temporary moves against a position are a normal part of trading.
The reasons for entering this trade remain intact:
• Triple Top resistance
• Major historical highs
• Reversal structure
• Strong location for sellers to step in
For now, the Daily Momentum hook higher suggests buyers may attempt a short-term push upward, but until the market invalidates the setup, the trade plan remains unchanged.
The analysis was completed before the entry.
Now we continue to manage the trade and allow the market to determine the result.
Patience remains part of the process.
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.
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.
