Pure price action, Price is already showing some bearish reaction from resistance. It is expected that there will be a break of this rising wedge. What do you think?
The currency pair is in a downward price channel and is trading at the moment near the upper border. I think that the selling pressure is making itself felt and the trend will not just change to a bullish one. I expect a test of the upper boundary and a fall to support 79.85, formed by the lower boundary of savings formed in January...
Dont forget to like and if you have the opposite opinion just comment so i can improve my idea next time
downtrend, HL and LL made, fib retracement at 61.8 expected 78 is valid too and divergence adds confluence too.
AUDJPY Bearish idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: Looking overall bearish on this pair as well but structure is not yet that clear. We know we’re looking for short positions after we can confirm a lower high and that can happen at two major places on this chart. At the current level we could see a reversal...
Broken structure being retested around 50-61%. Previous uptrend line broken with no retest, however with this current seller momentum we may not see that retest - or I drew something wrong. Monthly and Weekly View below. Short bias until WEEKLY/MONTHLY can find support.
Hi guys; On AUDJPY we need more evidence for clear direction.
Overall downtrend, rejection at a fib level, corrective structure - all indications of price wanting to go down.
Morning Godal Member's, Traders and Aspiring Traders . Todays shared post is on . Pair : AUD/JPY Time-Frame - 1D Biased - Bearish Today post is based on my weekly analysis i keep for the coming week and on this occasion i will be keeping an eye on AUD/JPY for potential sells as major daily trend was broken and several new lower lows has taken place and now a...
Sell in the supply zone until TP 1 demand zone. Since price is in bearish momentum, price might break the zone after the the rejection in the demand zone.
DISCLAIMER: This trade idea is for educational purposes only and is not intended to be financial advice. Any trades taken based off this trade idea is taken at your own risk. We will not be held responsible for any lost capital
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Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you. Good luck
Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you. Good luck
AUD/JPY Daily Time, Break trendline
AUDJPY is overall Bearish I am expecting price to sell and test support.
The overall trend is bearish inwhich the market will continue the buy after looking for the sell to breakout