Still Bearish on AUDJPY. Fakeout Spotted at TF 4H. Currently Price is hovering at 4H Bear Engulf Candle. Expecting price to Spike around 71.700-72.000 area before continue to drop.
AUD/JPY SELL AREA @ 69.85/70.00 SL: 70.85 TP: 67.85
Price reached the main level 68.50 and at this level, short traders reacted. I'm expecting that this pair will drop at least to 66.50 level. I will try to go SHORT with every correction. DISCLAIMER: This is my personal opinion and view of the market, trade at your own risk. Use proper risk management and trust the process.
Thanks for Taking Interested in my Trading Idea. AUDJPY: MARKET BEARISH SETUP HAS PRINTED Dear followers, the best Gift for me is "will be your likes , comments & Share Note: This is only for Educational purposes; this is not investment advice. Thanks for your support!
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HI, TRADERS MY NAME IS KD, TODAY I HAVE A GOOD STRATEGY PUBLISH TO ALL OF YOU :) YOU CAN CLOSE YOUR TRADE ANYTIME AFTER YOU SEE PROFIT. THERE IS NO OBLIGATION TO CLOSE AT TARGET TP. RISK MANAGEMENT IS VERY IMPORTANT :) HAPPY TRADING~ ___________________________________________ WANT TO GET MORE ACCURATE AND IMMEDIATE SIGNAL? Telegram: KDEZ00
The outlined white arrow pathway is the predicted pathway that the AUDJPY will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where AUDJPY will turn. PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS...
AUDYEN has been in a downtrend channel since 2018. Price is currently in a bearish wedge, making a corrective movement. Here is what to watch out for next!!!
See chart for illustration This is a follow up on a long term speculation published earlier ( see link below for reference purposes)
After breaking 76.064 level, this level has served as a very good resistance, therefore we can now look for a big sell on this pair. 73.190 is the next target
Pair: AUDJPY Prediction: Buy / Long
AUDJPY reversed off its resistance at 74.76 where it could potentially drop further to 73.94. Disclaimer: Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Here is an updated chart on showing the completion of an AB=CD harmonic pattern on the 4 hr chart. Price action has found support at the completion of the pattern (the blue zone). Price has reached a major weekly support zone as well (red zone) signaling a reversal to the upside, therefore our strategy is to trade the reversal. FX:AUDJPY
We are currently trading the 4th leg of the harmonic Bat formation on the 1 hr chart. Price action has recently broke through a resistance level become support and confirming our direction and predicted completion of the 4th leg. OANDA:AUDJPY
Sell below 88.40. Stop loss at 88.66. Take profit at 87.91. Reason for the trading strategy (technically): Price has dropped perfectly to our profit target once again. We look to sell on major resistance at 88.40 (Fibonacci retracement, horizontal overlap resistance, Fibonacci extension) for a further drop to at least 87.91 (Fibonacci extension, horizontal swing...