1. Price to form a Daily bearish variation and pullback from current area 2. Price to find support at a previously broken Resistance or Previous support that lines up with 61.8 fib & near Monthly key level 3. Price to form a Daily Bullish Variation What I'm looking for on H1/M30 TF: 1. Price to break uptrend structure 2. Bearish structure until Price reaches...
AUDJPY has reached the critical zone of resistance around 76 - 76.50 and has developed the bearish divergence. It gives us the short term opportunity to sell once the support from the most recent up trendline and horizontal level around 75.95 is broken. We can set the sell target around 74.50 which is the next support. The invalidation of this sell trade would...
After we get the next completed H4 bar, we'll know if it has a chance to continue down, follow thru of strength.
Our forecast for the next week on AUDJPY ------ Trading Kitchen
This one is looking like a strong break up, tighter stop on the 15 minute.
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.
Let's get in here for a target of 1:1 and see if any future price action leads to more confirmation price will continue up.
We are entering with a sell stop at 68.386 and looking for at least a 40 pip move down. This move has better structure for a push down compared to a similar setup on the AUDCAD.
For buyers, a breakout of the trendline on the pullback is a bullish sign. As well as a false breakout of the Support level.
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!
AUDJPY Sell Entry Price : 66.47 Profit Target : 4% Stop Loss : 1.50%
Watching this pair for a healthily sell. Trend line resets plus ema rejection as well as rejection of the 50% fib. Multiple confluences to take a short here. Just waiting for price to come up top the purple box region and form some bearish candle sticks to take a short position here to ride it all the way down. Tale partial profits. 430 PIP gain 7.5/1 RR
AUDJPy Short....if i get tis break and retest i will be looking to go short on this pair.
If we see a pullback, back into the yellow box when the new week opens, I will be most likely looking to short AUD/USD to take out the equal lows created that are marked up. This looks like a pretty solid setup, with it being on the daily chart . **Education Purposed Only** - Will
bullish gartley pattern. tp price may change according to reversal price
On the daily, we've hit a strong resistance just like the highlighted areas and we see a potential short. I'll be taking this pair as soon as the market opens. Good luck this week! If you like my analysis, please hit the like button to support.