AUDJPY Short Setup AUDJPY has been making corrective movements on a downward counter-trend. We could see price makes its way down after breaking out of the recent correction
When we look at the chart we can see that the price has not been able to break the resistance zone. This is a good chance to go short. Let me know in the comments what you think of it and feel free to share your idea for this pair. If you like the idea, don't forget to give it a like. If you hae any questions, feel free to PM me.
After a first leg down of 150 pips, AudJpy has recovered and now is trading again above 80 important figure. The rise from 79.50 is in a rising wedge though, indicating a lack of impulse. A break under the support line of this wedge could be a confirmation of a new leg down and such a trade can have a great 1:4 risk: reward ratio.
AUDJPY has broken trendline and now going to retest all the way up to the resistance before selling
As we can see a clear breakout of its previous trendline since 1st of November 2020. So now we suspect a test of its Trendline before a clear FALL
AudJpy has broken the confluence support yesterday and dropped to a local low around 79.50 zone. A correction followed and what, at this point, could be a confirmation for this break. I expect a new leg down from this pair and I maintain my bearish outlook and 77 target as long as the pair is under 81
Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything ! 🟢 Forex Pair : AUD/JPY ⚪ Technical Analysis : In the weekly time frame, since the end of March 2020, the price has been moving following a...
From the weekly and daily time frame i can see that the price is in a uptrend as shown by the light blue trend line. In the 4H time frame I can see that the price respects the pink ascending channel as shown by the golden ellipses drawn at the intersections. I see that the price has broken the lower pink trend line indicating a possible trend line breakout. As...
Since the beginning of November, AudJpy has risen 800 pips (more than 10%) and, as we can see from the chart, it almost has no correction. I think things are about to change and the pair will dive. From the technical point of view, AudJpy made a small double top after it passed above 80 and the Friday close found the pair just in confluence support of the...
The Breakout Opportunities system has just sold AUDJPY at 80.388. The system recommends entering this trade at any price between 80.246 and 80.5. The signal was issued because the AUDJPY has broken its 24-hour low while our Speculative Sentiment Index was at 1.224, suggesting that the AUDJPY may have further to fall. A stop loss has been set at the 24-hour high of...
Hey traders, here is the analysis for the AUDJPY. NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis , support the idea with a big LIK E👍 and don't forget to SUBSCRIBE my channel, you won't miss anything! TECHNICAL ANALYSIS: Since the beginning of November, the price has been moving following an interesting rising wedge, getting many times a rejection on the dynamic...
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