Technician
Short

AUDJPY: Fading the Weekend Bounce #forex

FX:AUDJPY   Australian Dollar/Japanese Yen
The price opened higher this week but found downside pressure again. Earlier last week we Hit resistance and rejected. Bearish divergence on Stochastic .

It is just my view. Trade Your own view.

I have no incentive to post if i don't get enough support from you. Likes and comment.
You can SKYPE me at : Technician - The Forex Channel
My Regards,
Technican
Trade active
Comment: Finally first target hit.
Trade closed: target reached: Full Target hit
My trading ideas channel https://telegram.me/technician_forex_trades

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Skype: Technician - The forex channel
agree with your view
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got filled after bearish reversal H4 on 15th July. (:
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Good luck
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Thanks for your ideas, Mr. Technician!
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Thanks :)
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keep the ideas coming :) I am expecting a downtrend @77 and up again @82.x this week
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Hopefully :) .
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Agree Sir, very Nice!
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Technician TOP Edgefree76
Thanks
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Entered too, :)
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Good luck
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Just entered :-)
Thanks Technician!
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Technician TOP robdavid1111
Good luck
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In.
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Good luck
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i think will atack again 81.25.. greet
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Thanks
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I agree bearish. My target is 77.00.
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Good luck
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Totally agreed! Good luck=)
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Good luck to you too.
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im in, thanks technician
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Technician TOP kingfish8877
Thanks for supporting
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Would you claim shorting still valid at the current price increase? I'm still waiting for the right moment to sell. Seeing how much more AUD can increase.
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Can't say if still valid or no.
I am already short. My stop is in place.
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I could see your stops i got filled too but do you see this will work with the monetary policy ahead for today ?
Good job sector good housing too
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It may, and it may not. I don't have a crystal ball.
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Worried about this one, I can see the yen strengthen
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I was looking at the chart on this one earlier. Based solely on price action and resistance and support areas, I see price was rejected, so a short seems reasonable. Yet, it is always good to have a stop loss set, in case the market wants to do the unthinkable. You used Fib retracement on this one, right?

Thank you, as always.

(I am learning as we speak)
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Technician TOP JulioCesarTorresO
Thanks Julio. in my view it was a valid trade setup. So even if it hits stop no issues for me as long as i am doing proper money management. No fibonacci in this one.
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Awesome chart!
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Thanks
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wow almost pips to pips rebound from SL, that was a lucky one
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:P
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Very nice and clean chart....LIKE !!!
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Technician TOP sakseeda007
Thanks
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in on this - great!!
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Taking too long :S
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thanks, mr technician
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You are welcome.
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Nice Job Tech!
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Technician TOP ferdman0987
Thanks ferdman
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Congratulations!!
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Technician TOP ukaminska80
Thx
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Nailed it again well done sir.
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Thanks
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