(Don't forget to like this idea and follow me for more updates. Thanks a lot!!!) KEY SUPPORT / DEMAND ZONE @81.00 - 80.50 Watch out for that critical support ahead if you're a seller so you don't get trapped. Buyers may soon step in and strong buy volatility may set in if the demand zone is still very much active. DISCLAIMER: Please note that this is not...
I see that AUD/JPY it's into this bearish trend and for that, I have a plan to trade AUD/JPY to short position in Forex market, as I'm in Ethereum trade, I combine it to trade the global market like Forex. The expectative it's sell!!!!
AUDJPY Bearish idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: We are still looking very bearish here on AJ and it looks like it will be continuing with this trend. From where current price action is it will either push lower with strong bearish momentum or price action will pull back to a resistance level before...
Price break above 82.000 go for long Break below 81.300 continues short
AUD/JPY Patience is key, wait for the confirmation of the short. Key area 81.34:- waiting for this level to break and then a confirmation of the resistance re-test level will confirm a short entry. This will confirm a clone movement to the downside.
The price for AUDJPY seems like is in a downtrend already. Looking for a pullback move to form a bearish flag for entry
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On Friday, we saw a continuation of selling pressure but price failed to break lower that the previous bearish candle, signaling that there might be some buyers at the current level waiting to take price higher, I will be waiting to see that buying pressure kick in and then exhaustion to get in on another sell
It's just my opinion about this pair. Please share your thoughts with me.
Bearish scenario for AUDJPY. We are soon entering a very important zone 79.-81.00 for this pair. The break below marks a further continuation of the bearish trend.
The instrument broke through accumulation, consolidated, gave an impulsive downward movement, confirming a local trend change. I think that the price will break through the nearest support and fall to the next one. ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!