WaveExpert
Short

Short Term Sell Setup On AUDJPY!

FX:AUDJPY   Australischer Dollar/Japanischer Yen
2322 views
57
2322 18
Hello Guys, Hope you all are fine. if you look at AUDJPY and see what's going on that, you'll find a nice pattern under formation. If it breaks down then we may have a sell setup. In case of breaking up our setup will be invalidated.

Trade according your own strategy.

Goodluck
Kommentar: Never decide in hurry. Watch it closely & then enter on the right point.
Kommentar: Price is still moving inside the pattern. So when it breaks we may have a sell setup!
Kommentar: According to this we are going to fall in this move!
Kommentar: We got the Breakout!
Kommentar: Look what is forming right now!
Kommentar: UPDATED- Trade Setup On AUDJPY-
Kommentar: Inside trendline broken. Now you need to look at the price action at the bottom trendline.

Kommentar: Now we are at the bottom trendline! Give it proper time and watch the breakout!

Thanks for the update
Antworten
WaveExpert SuzzyZeon
Welcome @SuzzyZeon,
+1 Antworten
Thanks for your great analysis!
Here is my view on AUD/JPY if you are interested:

Strong selling activity from 87.50 shows that strong sellers are present and that the long uptrend is now over. The market will be probably in wider rotation now and I will go short from 86.61 because this place was the beginning of the sell-off that started 2016-12-15.

If you are interested there are more Market profile swing and intraday analysis in my profile page. You are very welcome there!
Dale
Antworten
WaveExpert Trader_Dale
+1 Antworten
Super Analysis !!
+1 Antworten
WaveExpert prashanthc
thanks for appreciation! :) @prashanthc,
+2 Antworten
thank you , already sell
+1 Antworten
Hope you in profit! :) @ninoz,
+2 Antworten
Beautiful trade setup, thank you for sharing your view. I have similar idea as well on this pair.

+1 Antworten
WaveExpert jojofang0901
that's very nice! @jojofang0901,
+2 Antworten
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