USD/JPY LONG SWING TRADEThe chart shows a downward trendline with multiple points where the price touched the trendline, marked by red lines and blue arrows. There are horizontal green lines indicating support and resistance levels. The highlighted green area suggests a potential upward move, while the red area marks the stop loss level at 92.5.
AUDJPY trade ideas
Buy Trade - AUD/JPYGreetings to everyone!
Place a buy trade on AUD/JPY and check out my chart for the ideal entry, stop-loss & target placement.
Remember :-
* Move your SL to breakeven once the trade reaches 1:1.4 R.
* Aim for a minimum reward of 1:1.5 R.
* Don't risk more than 3% of your total margin.
Let's execute this trade smartly! 🚀
💬 About Me:
I am a professional trader with over four years of experience in the markets. I focus on swing trading using the 4H timeframe, mainly in the forex space. The trades I share here are the actual positions I’m executing. I post them as a small gesture to give back to the trading community that’s been a big part of my journey.
Cheers! 🙏
AUD/JPY: Short Trade IdeaAUD/JPY: Short Trade Idea
Clear Downtrend: The pair is in a defined downtrend, evidenced by lower highs and lower lows.
Trendline Rejection: Price recently tested and rejected a descending trendline, acting as resistance.
Bearish Engulfing: A strong bearish engulfing candle formed, suggesting sellers are in control and a potential continuation of the downtrend.
Target Zone: The highlighted yellow zone is a potential profit target, likely based on previous support or Fibonacci levels.
Trade Setup: Consider a short (sell) entry on a break below the recent low, with a stop-loss above the swing high to manage risk.
Rationale: The combination of the downtrend, trendline rejection, and bearish candle pattern supports a short trade.
AUD/JPY Bearish Outlook: Potential Breakdown Toward 83.516?1. Chart Pattern: Descending Wedge/Channel
The chart shows a clear downward sloping channel, indicating a bearish trend.
Price has been making lower highs and lower lows, suggesting selling pressure.
2. Key Levels
Resistance: The upper boundary of the descending channel acts as resistance.
Support: The lower boundary of the descending channel serves as support.
Major Target: The projected price movement (indicated by the arrow) suggests a drop toward 83.516, which appears to be a strong support level.
3. Moving Average (EMA 200)
The 200 EMA (94.639) is being tested.
If price breaks below the 200 EMA, it could signal further downside.
4. Recent Price Action
The price is currently at 95.848, having dropped -1.43% in the latest session.
If it fails to hold this zone, a breakdown could accelerate selling pressure.
5. Bearish Breakdown Scenario
A break below 95.000 could trigger further selling.
If price follows the projected path, a move to 83.516 is possible.
Conclusion
Bearish bias in the medium term.
Watching for a breakdown below 94.639 (200 EMA) for confirmation.
If the lower channel support holds, a bounce could occur.
Traders should look for confirmation signals before entering a position.
AUD/JPY Near The Recent Support Level 📈 AUD/JPY Long Setup 🚀
🔹 Entry: 96.00 🎯 near the support zone
🔹 Target: 96.95 (+0.95%) 🎯
🔹 Indicators: CCI (20) showing a potential reversal from oversold levels 📊
Price is testing a strong support zone, aligning with an oversold CCI reading. Expecting a bounce towards resistance. 📉➡️📈
AUDJPY SELL📉 AUDJPY: Potential Downward Momentum Ahead!
The AUDJPY pair is signaling bearish potential. Here’s why this could be the time to watch for a fall:
🔹 Weak Australian Economic Outlook: Recent economic data and dovish sentiment from the Reserve Bank of Australia could pressure the Aussie dollar.
🔹 Risk-Off Sentiment: With global uncertainties rising, investors are shifting towards safe-haven assets like the Japanese yen, adding strength to the JPY.
🔹 Technical Signals: AUDJPY has broken key support levels, and momentum indicators suggest further downside could be on the horizon.
💡 Trade Insights: A break below could confirm a bearish trend. Tight stop-losses and disciplined risk management are crucial in these volatile conditions.
What’s your take on this pair? Share your views below! 👇
AUDJPY-Awaiting Retest for Bullish Continuation AUDJPY 4H Analysis 📊
Current level: 100.500 – we’ve observed an upside breakout here on the AUDJPY 4-hour chart, and we’re now watching for a potential retest of this level to confirm support for a continuation move.
Technical View:
📈 Breakout occurred around the 100.500 mark, suggesting strong bullish momentum.
🔍 Watching for a pullback to the 100.500 level to confirm it as new support.
📐 RSI hints at slight overbought conditions, supporting a possible retracement before further gains.
Fundamental Outlook:
🇦🇺 Australia's latest economic data boosts AUD’s strength, signaling underlying support for this trend.
🇯🇵 Japan’s BOJ dovish policies continue to put pressure on JPY, adding momentum to AUDJPY's upside.
🌐 With risk appetite favoring growth, AUDJPY might sustain its bullish trend if fundamentals remain aligned.
Let’s stay tuned and keep an eye on the 100.500 level!
#AUDJPY #ForexAnalysis #BreakoutTrading #TechnicalAnalysis #FundamentalAnalysis #4HChart #ForexTrader #CurrencyMarket #PriceAction #TradeSetup #ForexSignal
AUDJPY SHOWING A GOOD UP MOVE WITH 1:8 RISK REWARDAUDJPY SHOWING A GOOD UP MOVE WITH 1:8 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
AUDJPYEntry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART)
💡 RISK REWARD 1 : 6
💰 Risk 1% of your trading capital.
⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions.Informational onLY !!!
Update idea
AUDJPY SHOWING A GOOD UP MOVE WITH 1:8 RISK REWARD CUP patternAUDJPY SHOWING A GOOD
UP MOVE WITH 1:8 RISK REWARD
DUE TO THESE REASON
A. its following a CUP pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you