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Short AUDJPY – Momentum Reversal Play📉 **Forex Trading Idea: Short AUDJPY – Momentum Reversal Play** The AUDJPY pair presents a compelling short opportunity, driven by a confluence of macro momentum and technical precision. Fundamentally, the Australian Dollar (AUD) is under pressure amid weakening commodity demand and dovish central bank tones, while the Japanese Yen (JPY) is gaining strength as risk sentiment shifts and safe-haven flows intensify. This divergence sets the stage for a strategic short position. Technically, AUDJPY has approached a key resistance zone between **97.81 and 98.12**, where price action has historically stalled. This area aligns with a potential exhaustion of bullish momentum, making it an ideal entry for a reversal trade. Traders should monitor for bearish candlestick patterns or momentum divergence within this zone to confirm entry. The trade targets are well-defined: **TP1 at 97.38** captures the initial retracement, while **TP2 at 96.95** aims for a deeper correction aligned with previous support levels. A **stop loss at 98.40** provides a disciplined exit above the resistance zone, maintaining a favorable risk-reward ratio. This setup suits both day traders and swing traders, depending on execution and holding strategy. The trade thesis hinges on AUD weakness and JPY strength, supported by technical resistance and momentum indicators. As always, traders should remain vigilant for macroeconomic news or central bank commentary that could impact currency flows. In summary, this AUDJPY short is a tactical play on momentum reversal, offering a clean setup with defined levels and a strong narrative. Patience and precision will be key to capitalizing on this opportunity.
Short
by ICT_Trader_SB
BTC - Bears Remain In Control; Until...❗️Greetings, TradingView Family! This is Richard, also known as theSignalyst. 📌 After breaking below the significant round number of 30,000 and a major low, BTC has exhibited a predominantly bearish trend. As BTC approaches 27,500 we will be looking for buy setups as it is the intersection of multiple trendlines. 📈 From a short-term perspective, on the H1 timeframe, BTC has been bearish trading inside the falling wedge in orange. To regain control short-term, the bulls must achieve a strong momentum candle close above the last minor high in orange. Meanwhile, the bears remain in control and we will be looking for buy setups as BTC approaches the demand zone in red around 28,950 📚 Always remember to follow your trading plan when it comes to entry, risk management, and trade management. Good luck! Remember, all strategies are good if managed properly! ~Rich
by TheSignalyst
13
How to use "Volume Records + Alert" IndicatorThis indicator is a "volume analysis" tool for confirming the direction and strength of price trend and spotting trend reversals. What Is Volume Analysis? Volume analysis involves examining relative or absolute changes in an asset's trading volume in order to make inferences about future price movements. A significant price increase along with a significant volume increase, for example, could be a credible sign of a continued bullish trend or a bullish reversal. The gradual darkening of the bars is a sign of the strength of the trend. Volume can be an indicator of market strength, as rising markets on increasing volume are typically viewed as strong and healthy. How to use alerts Note that by creating an alert, an instance of the indicator, with all your settings, will be activated on the site's server and alerts will be triggered by it. After that, changing the indicator settings on the chart will no longer affect the alert. Open the settings window and select the alert conditions as you wish Click the Create Alert button (or press the A key while holding down the ALT key) In the Condition section, select the name of the indicator. Make the rest of the settings as you wish. Finally, click on the Create button. It's finished. After a few moments, your alert will be added to the Alerts menu.
BITSTAMP:BTCUSDEducation
by BobRivera990
2
BitShares Double Bottom FormationIt seems that BitShares has found the support, while forming a double bottom at $0.118. The following wave up resulted in a break above the downtrend trendline as well as 50 Moving Average.  There are to resistance levels to watch, first minor resistance is at $0.17, where the downtrend trendline was previously rejected. Second major resistance is at $38.2% Fibonacci retracement level. This should be the key price to provide further clues on the price development. Break above that resistanace could start a long term uptrend, while rejection should result in more consolidation. On a downside, break and close below the $0.11 support should invalidate short term bullish outlook and send price slightly lower or just extend the consolidation.
BLong
by CryptoPAMM
4