✅AUD_JPY BREAKOUT|SHORT🔥 ✅AUD_JPY was trading in An uptrend along the rising Support but now we are Seeing a bearish breakout So we are bearish bised Now and we will be Expecting a further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅Shortby ProSignalsFx221
AUD/JPY Set for Dramatic Reversal.The AUD/JPY pair has reached a critical juncture, touching the upper boundary of a well-defined ascending channel. This marks a pivotal moment for traders, as the pair's price action suggests a potential reversal, supported by multiple technical indicators. 50-day EMA: Bullish, indicating medium-term upward momentum. 200-day EMA: Bullish, confirming a long-term upward trend. Hull Moving Average (9): Shows a sell signal, suggesting short-term bearish pressure. Relative Strength Index (RSI 14): At 67.049, approaching overbought territory but not yet overextended. This suggests a potential for further upward movement but warrants caution. Stochastic Oscillator: At 84.005, indicating overbought conditions, which could precede a price correction. MACD Level (12, 26): Shows a buy signal with the MACD line above the signal line, but a bearish cross may form soon, hinting at potential downward pressure. Volume and Price Action: Increased trading volume has accompanied the recent price surge, typically a bullish sign. However, the volume spikes near resistance levels could indicate distribution before a potential sell-off. The price has formed a series of higher highs and higher lows within the ascending channel, reinforcing the bullish trend. The price is above the Ichimoku cloud, which is a strong bullish signal. However, it’s approaching the cloud’s edge, indicating a possible reversal if it re-enters the cloud. Bearish Signals: The channel top coincides with a bearish divergence on the RSI and MACD, suggesting weakening bullish momentum. The MACD is on the verge of a bearish crossover, which, if confirmed, could accelerate a downward move. Strong support levels at the 50-day and 200-day EMAs provide a safety net for bulls. The overall long-term trend remains upward, as confirmed by the 200-day EMA and the ascending channel. Short Position: Given the confluence of bearish signals at the channel top, a short position could be initiated: Entry Point: 104.00 Initial Target: 102.65 (Channel midline) Extended Target: 101.00 (Channel bottom and major support level) Stop Loss: 104.70 (Above recent highs and outside the upper channel boundary) Long Position: If the price action shows resilience and breaks above the channel decisively, consider a long position: Entry Point: Above 104.50 (Confirmation of breakout) Initial Target: 105.40 (Next resistance level) Extended Target: 106.50 (Fibonacci extension and psychological level) Stop Loss: 103.70 (Below recent support and inside the channel) Short Now: If the price fails to break above 104.20 in the next trading sessions, confirming the resistance at the channel top. Long Later: If the price sustains above 104.50 with strong volume and bullish confirmation from oscillators turning up from oversold conditions. AUD/JPY is at a critical point where a short-term correction is likely before any significant bullish continuation. Traders should watch for confirmation of the bearish signals before shorting and be prepared to switch to a long position if a breakout occurs. Risk management with appropriate stop losses is essential given the current volatility and mixed signals.Shortby AxiomEx1
AUDJPYLooking for a sell on AJ. Reason to sell: Forming M pattern in 15 minute chart. Use proper risk management. Thank youShortby joelkurienUpdated 1
AUD/JPY Day Trading Analysis With Volume Profile 📊AUD/JPY , it's nice to see a strong buying reaction at the price of 104. There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again. The S/R zone from the past and high volume cluster are the main reasons for my decision to go long on this trade. Happy trading Daleby Trader_Dale2
AUDJPYWe can attempt to buy AUDJPY from specified level as 0.5 FIB , HL also occur , also there is no bearish divergence. SL , TP mention in chart.Longby SignalEdgeUpdated 3
audjpy is bullish Factors affecting the AUD/JPY rate include general economic indicators, such as information on employment, inflation data, retail sales, industrial production, trade balance and the release of GDP data, as well as the central bank decisions regarding the interest rates in both countries. Political events, natural disasters and various government policies can impact the AUD/JPY exchange rate significantly.Longby MtICHIUpdated 5
BULLISH POTENTIAL MOVEMarket looks to have completed a FLAT Correction, therefore we're anticipating a continuation to the upside impulse for wave 5 as the map elaborates. This is the Elliott Wave Principle application. Until then, we remain bullish on this Aussie Yen pair.Longby Evaristos0
AUDJPY Bearish Momentum > Sell !Welcome Traders and Investors to a new idea + opportunity. I’ll be sharing with you how I plan to anticipate the price of this asset to potentially perform this trading week as a result of testing key details and preparation. I hope you guys find value and a perspective from this viewpoint, and if you agree with this idea > please smash that boost button and follow me. I would deeply appreciate it 💛 - First of all, the process of identifying, figuring out, and executing this high-probability Sell opportunity began when this Bearish Candle at the 19th-hour mark on the chart had presented itself possessing these four specific principles that I believe could enhance its own effectiveness and capacity within itself to prevent the price of AUDJPY from hitting a particular stop loss level while influencing the price of AUDJPY to fall toward a specific take profit target, potentially . (These are the four specific principles present on my chart below) 👇🏾 1st Principle = The (Red Ma) is currently above this Bearish Candle, and the (Blue Ema) ☑️ 2nd Principle = This Bearish Candle has and will remain to have a flat top ☑️ 3rd Principle = This entire Bearish Candle is fully below the Ichimoku Cloud ☑️ 4th and final Principle = The previous wick of this Bearish Candle is 61 pips away from the bottom bearish candle, which is greater than 18 pips = automatically making it a greater previous wick, knowing from my experience that the greater the previous wick =, the more effective, powerful, and profitable this Bearish Candle could become within itself. (My Personal Calculated Prediction) - January 15, 2024, Tuesday - Since this Bearish Candle possesses the four specific principles needed > I expect the price of AUDJPY to remain below $96.938, which is currently set at 5.5 pips above the bottom of this bearish candle at the time of this idea, while it effectively influences the price of AUDJPY to fall 87.2 pips below the bottom bearish candle in a 1-2 day time period. (Chart View 🌅) (Buomkuoth’s Sell Position off this Bearish Candle revealed) - 1.15.2024 My Entry Price was $96.804/ trade has been executed The price of my take profit is set at $96.011(79.3 pips) The price of my stop loss is set at $97.003 (20.1 pips) — My risk management rules are in place within this position (2-4% risk per trade) — Always apply proper risk management to your trading plan/strategy> Protecting and growing YOUR ACCOUNT is the key to success Bk) Buomkuoth Nhial Reath 💎 Our Father who art in heaven, hallow be thy name, thy kingdom come, thy will be done on earth as it is in heaven. Give us this day our daily bread and forgive us for our trespasses as we forgive those who trespass against us. Lead us not into temptation but deliver us from the evil one. AmenShortby BuomkuothNhialReathUpdated 1
Lazy Daily AUDJPY Long Trade -- Stacking EntriesAlready had a long position AUDJPY. Stacking another with continued JPY weakness and bullish momentum on the pair. Also going with the idea of ADDING to winning trades. 1:1, moving to 1% risk. Basic trend following. If the pair is going up, go long. The higher TF (Daily) is much more meaningful than the shorter. These trades are ideal for folks with limited chart time, day jobs, etc. Set and forget.Longby JeffyT0
Consistent Daily Trading Strategy for AUD/JPY with 100% Win RateDescription: In this strategy, I employ a consistent daily trading approach for AUD/JPY, focusing on capturing small profit targets while maintaining strict risk management. The strategy has been backtested from the year 2021, demonstrating robust performance with a 100% win rate. Below are the key aspects and performance metrics of the strategy. Strategy Overview: The strategy is designed to open a new long or short position at the start of each trading day based on the previous day's market conditions. Key parameters include: Profit Target: 0.3% Loss Target: 0.2% Initial Capital: $1000 Commission: 0.1% per trade Key Features: Daily Trading: Positions are opened at the start of each day, ensuring regular market participation. Profit and Loss Targets: The strategy aims for a modest profit target of 0.3% and enforces a stop-loss at 0.2% to manage risk effectively. 100% Win Rate: Over 36 closed trades, the strategy achieved a 100% win rate, highlighting its consistent performance. Dynamic Position Management: In case of a short position stop-loss, a new long position is immediately opened to replace it, ensuring continuous market exposure. Performance Summary: Net Profit: $222.05 (22.2%) Gross Profit: $223.26 (22.33%) Gross Loss: $1.22 (0.12%) Max Run-up: $236.99 (19.17%) Max Drawdown: $161.35 (13.75%) Buy & Hold Return: $316.51 (31.65%) Sharpe Ratio: 0.266 Sortino Ratio: 2.298 Profit Factor: 183.136 Total Closed Trades: 36 Number Winning Trades: 36 Percent Profitable: 100% Avg Trade: $6.17 (0.57%) Largest Winning Trade: $21.12 (1.96%) Commission Paid: $80.15 Chart Explanation: The chart plots the entry prices for both long and short positions, along with labels indicating the profit/loss percentages for ongoing trades. The strategy's performance is visually represented, showing the consistency and reliability of the trading approach. Green Lines: Entry prices for long positions. Red Lines: Entry prices for short positions. White Labels: Display current profit/loss percentage for ongoing trades. Conclusion: This AUD/JPY trading strategy offers a balanced approach to daily trading with a strong emphasis on risk management and consistent profitability. It is suitable for traders looking for a systematic and disciplined trading methodology. Give this strategy a try and share your feedback! Let's discuss its potential improvements and share insights on its performance.by alexanderbkl111
Consistent Daily Trading Strategy for NZD/USD with 100% Win RateDescription: In this strategy, I employ a consistent daily trading approach for NZD/USD, focusing on capturing small profit targets while maintaining strict risk management. The strategy has been backtested from the year 2021, demonstrating robust performance with a 100% win rate. Below are the key aspects and performance metrics of the strategy. Strategy Overview: The strategy is designed to open a new long or short position at the start of each trading day based on the previous day's market conditions. Key parameters include: Profit Target: 0.3% Loss Target: 0.2% Initial Capital: $1000 Commission: 0.1% per trade Key Features: Daily Trading: Positions are opened at the start of each day, ensuring regular market participation. Profit and Loss Targets: The strategy aims for a modest profit target of 0.3% and enforces a stop-loss at 0.2% to manage risk effectively. 100% Win Rate: Over 36 closed trades, the strategy achieved a 100% win rate, highlighting its consistent performance. Dynamic Position Management: In case of a short position stop-loss, a new long position is immediately opened to replace it, ensuring continuous market exposure. Performance Summary: Net Profit: $222.05 (22.2%) Gross Profit: $223.26 (22.33%) Gross Loss: $1.22 (0.12%) Max Run-up: $236.99 (19.17%) Max Drawdown: $161.35 (13.75%) Buy & Hold Return: $316.51 (31.65%) Sharpe Ratio: 0.266 Sortino Ratio: 2.298 Profit Factor: 183.136 Total Closed Trades: 36 Number Winning Trades: 36 Percent Profitable: 100% Avg Trade: $6.17 (0.57%) Largest Winning Trade: $21.12 (1.96%) Commission Paid: $80.15 Chart Explanation: The chart plots the entry prices for both long and short positions, along with labels indicating the profit/loss percentages for ongoing trades. The strategy's performance is visually represented, showing the consistency and reliability of the trading approach. Green Lines: Entry prices for long positions. Red Lines: Entry prices for short positions. White Labels: Display current profit/loss percentage for ongoing trades. Conclusion: This NZD/USD trading strategy offers a balanced approach to daily trading with a strong emphasis on risk management and consistent profitability. It is suitable for traders looking for a systematic and disciplined trading methodology. Give this strategy a try and share your feedback! Let's discuss its potential improvements and share insights on its performance.by alexanderbkl0
AUDJPY - WAITING FOR SHORT ONCE SUPPORT AND HL HITSthis is based on my analysis but please DYOR. AUDJPY if created another HIGHER LOW then the market will hit the mark till 103.200Shortby ivyjanelle0
Audjpy shortBased on the quarterly theory Quarterly Theory enhances trading strategies by aligning with institutional patterns and market rhythms, offering precise entry points and 1 to 3 risk-reward for maximizing profits. Use quarter visualization tools for 6H/90m cycles analysis, crucial for scalping and day trading.Shortby FX-Prince0
AUDJPY Bullish Outlook Amid Short-Term Dip RiskHello Everyone, Despite the possibility of a short-term decline to retest support levels, the overall bullish outlook for AUDJPY remains robust. Should the weekly support falter, there could be a reevaluation with a potential retest of the monthly pivot point. TradeWithTheTrend3344Shortby TradeWithTheTrend33441
Audjpy buy entry setup🤧Oopsie! Price did not reach our 2hr extreme demand. Instead it respected a high demand, while taking out asian low. This is before first break of Structure. If price respects this demand then we are officially bullish targetting the Asian high and 4HR swing high.Longby ZIPHO670
Aud/Jpy AUD/JPY - overall bullish on aud/jpy now just waiting for the set up to happen 1 Hour : Longby jonathan11960
COULD THERE BE A POSSIBLE BUY FROM THE CURRENT MARKET PRICE???Price traded and closed at $104.184. Recently we noticed a weakening in strength of JPY and investors are selling off their YEN. In regards to AUDJPY we may continue to see a bullish resilience in price from the area of 104.184 level A buy opportunity is envisaged Longby Cartela0
AUD/JPY SHORT FROM RESISTANCE Hello,Friends! AUD/JPY pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 12H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 100.034 area. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 113
AUDJPY: Bearish Continuation is Expected! Here is Why: Looking at the chart of AUDJPY right now we are seeing some interesting price action on the lower timeframes. Thus a local move down seems to be quite likely. ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals112
Lingrid | AUDJPY pullback to SUPPORT and trend CONTINUATIONThe price perfectly fulfills my last idea. It hit the target zone. The market has surged, closing above the previous lower high, and is now testing the key resistance level at 104.00. The recent pullback has took liquidity beneath the crucial support level of 103.00, ultimately leading to a new upward extension. On the daily timeframe, the bullish trend is evident, and any pullback would be an excellent opportunity to enter a long position. I expect a retracement to support the level, followed by a bullish extension towards the channel's upper border. My goal is the resistance at 104.490 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻Longby Lingrid9920
AUDJPY Short - Yearly highs and breakoutAUDJPY short opportunity. Price is sitting at previous yearly highs, therefore breaking any higher will take significant effort. On the shorter time frame we can see price retesting the previous high and price broke down from a rising channel. A great chance for price to move back to the 100 or even 98 mark to the bottom of the daily channel.Shortby dnsmith114
Bullish Momentum Continues for AUD/JPYHello Everyone, Once more, AUD/JPY has demonstrated a bullish trend, indicating further potential for upward movement. Key resistance levels to bear in mind are 104.12 and 106.099. TradeWithTheTrend3344Longby TradeWithTheTrend33441