Do you have enough evidence that the market does not accept higher prices? Do you still need to wait for chart patterns, candlestick formations etc? This question is worth some serious thought and perhaps some action. If you like my analysis, please give it a "thumbs up" and follow me to get immediate notifications. As always, please use sound risk and money...
#AUDJPY to seek for further decline
Trade ideas for AUDJPY by Hardi As you can see this pair also make a bearish pattern which is double top. I've been watching this pair since last week and it looks like we might see further drop towards 82.40 area. Sell AUDJPY 83.40 Stop loss 83.70 Take profit 82.40 (3.3R) Use only 1-2% risk Good luck
G'day Guys.. Here my idea on AUDJPY. Please refer on my previous projection which is related with this idea. Currently, the price trying to break the support zone which is Minor Demand Zone for AUDJPY. This is critical level that i am look in. We need solid break out on this level to ensure the price go further down. Just in case the price not able to break...
audjpy forming lower low and lower high on daily bars, 84.00-40 supply zone for short. initial target 82.40 if breaks and hold below then next target would be 81.30
- Progressively higher lows being matched with lower highs, anticipating breakdown and retest before push towards first key level - Last saw these kind of highs back in 2017, displaying signs of AUD overbought, taking profits among bulls may help drive price to downside - TP1 based on areas of key reaction (support or resistance) in previous price action,...
We have to wait for it to reach the neckline and break the neckline.
AUDJPY is forming head and shoulders pattern, which is still to be completed. A very good long term opportunity which needs patience
Looking to enter shorts on a pullback retesting the back of the broken ascending TL in confluence to the inner 0.618 fib retracement, previous area of S&R, and respectable descending TL.
G'day Mates Here we go on AUDJPY pair. I remember i had posted this pair quite sometime which is projecting for next movement of this pair. Today, in my perspective i see this pair gonna make another bearish movement which is the pair was stuck on major and minor supply zone. Here my idea. which is based on risk management i will make entry small lot size to...
Welcome to our Trade Setups - April 06th ( AUDJPY ) ! SELL AUDJPY ENTRY LEVEL @ 84.194 SL @ 84.827 TP @ 82.298 Max Risk: 1% - 3%! Risk/Reward Ratio: 3 Leave us a comment or like to keep our content for free and alive. Have a great week everyone!
This basic head and shoulders pattern after a huge impulsive move to the upside seems too obvious to be the catalyst for a trend change. I would expect price to at least come up to test the previous high once again before it considers selling off.
Several weeks ago, I shared an idea of how we could expect AUDJPY to break out of the ascending channel. Wave (V) seems to have come to an end and AUDJPY has finally broken out of the channel. We could potentially expect a further downside. Disclaimer: None of these are investment or trading signals but just ideas. Please support my ideas by dropping a like or...
📉 SELL ZONE – 83.393 to 84.893 🔷 Take Profit 1 - 84.193 (20 Pips) 🔷 Take Profit 2 - 83.893 (50 Pips) 🔷 Take Profit 3 - 83.393 (100 Pips) ⛔ Exit / SL - 85.393 There is potential for the price to move lower, its showing resistance for price reversal around 84.400 region, if this resistance holds then we can see the price bearish towards 83.400.
AudJpy was in a strong uptrend since the beginning of November, now the pair is confirming the up-trendline break and is looking to form ann H&S. A strong correction can follow from this point and the pair could drop to 80 zone. Interim support is at 82.
Short on key confluences: - 0.618 fib retracement - Minor area of S&R - Broken ascending TL's
Hello everyone, I am shorting AUDJPY OPEN - 84.094 SL - 84.344 TP - 83.594