AUD/JPY 1.13 XABCD ON DAILY - REVRSAL * Retesting channel which was broken jan 21
* XABCD 1.13
* XABCD 1.1618
* ABCD 1.618
* 78 Handle is a multi year support
* Oversold on daily
* RSI Divergence on 4HR time frame
* Some consolidation expected
JPYAUD trade ideas
AUDJPY Sideways (1M)AUDJPY Sideways (1M)
The current price has decreased
Not more than the key support, there is a chance to continue rising.
AUDJPYAUD JPY long position buy above level was given if it breaks the line buy entry conformed do your own analysis before entering trade
AUDJPY SELL NOWBased on previous analysis all the conditions are fulfilled by audjpy perfect time to take entry! Follow along for best 1:3 r:r
All the best!
SELL AUD/JPY Potential down move on AUD/JPY 📉
Things to consider:
1. Triangular Formation
2. MACD and price downward momentum
3. COT data shows AUD is being short and JPY is also being short so overall strong down movement upcoming
How to enter:
1. Entry after the weekly resistance is broken
2. Entry should be on 4hr timeframe for better R:R
3. Enter when storng down momentum starts
AUD JPYAJ may be a chance to make an inverted head and shoulder pattern or if it break the support zone (yellow box), then go for a short. wait for that point.
AUD JPYPossible to make a inverted head and shoulder pattern, if it so, then looking for long (buy).
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💡Don't miss the great sell opportunity in AUDJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (83.33).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDJPY is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 49.
Take Profits:
TP1= @ 83.03
TP2= @ 82.67
TP3= @ 82.50
TP4= @ 82.34
TP5= @ 82.15
SL: Break Above R2
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AUDJPY shortAUDJPY SELL
ENTRY 1 @83.952
SL @84.059
TP @82.701
ENTRY 2 @83.946
SL @84.207
TP @82.701
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AUD JPY AUD JPY 1HR
IT SEEMS LIKE T GONNA FORM AN SYMETRICAL TRIANGLE
AND IT REACHES THEKEY LEVEL
AFTER THAT 200 MA
aud/jpy short side Hello guys I had find this trade setup in 4h timeframe which is come fore retracement after falled badly we have a good selling opportunity above resistance sl and below tg also do your own analysis before taking any trading decision if you like my analysis plzz like share and follow thank you
We can short the market if rejections being made.On 4H time frame the uptrend has already been broken the Major resistance could be the Oval zone which is also respected by the Yellow trend line it could retest on Yellow trend line.
SELLING SIDE AUD/JPYHello Guys I had find this trade and done some probability analysis if you like plzz like follow thank you
