This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!
AUDJPY on the weekly chart (left side) is now testing again a weekly strong resistance around the 76.400 area At the beginning of June price hit and got rejected sharply by the resistance zone, hit the 0.5 fib retracement zone and start again a new impulse to the upside. IF the market will break and close above the weekly structure we can look for a nice long...
#AUDJPY (update) In 1D Time frame, AUDJPY has been forming Ascending Triangle Pattern. At the Moment, It's Facing Major Horizontal Resistance (76.770) & On the Verge of Breakout As Well. Now, There Are two Possible Scenarios, 1- If Bulls Cleared the Major Horizontal Resistance, Expecting Upside Breakout 2- If Trendline of Triangle Broken, It Might test...
1:3 Trade Idea. Expect AUD weak and strong JPY by the end of the week. Let's see.... Watch the price action and decide accordingly. Trade on your own risk I am not your financial advisor. Good Luck Everyone! Nicholas.Antoniou
SELL 75.761 - 76.047 Add to Watch List Signal ID: 72890 Time Issued: Wednesday, 12 August 2020 02:05:15 GMT Status: open Entry: 75.761 - 76.047 Limit: 75.176 Stop Loss: 76.318 The Breakout Opportunities system has just sold AUDJPY at 75.956. The system recommends entering this trade at any price between 75.761 and 76.047. The signal was issued because the...
🔸 4H CHART EXPLANATION: . . 🔸Price did a double top pattern at the Resistance Zone. . 🔸It has broken the Ascending Trendline, however, it did not start a bearish move after that. . 🔸 We are waiting for some bearish momentum before considering a bearish trade. . 🔸 Will look for a lower timeframe bearish setup. 🔸 DAILY CHART ANALYIS:
AUDJPY Long idea The weekly timeframe is bearish but the daily, 4hour and below is bullish. Current price action is at a major monthly zone and is holding the trend. We are now seeing a 4hour retracement and will be looking for long opportunities. We have two potential long opportunity scenarios: 1.Price action reverses at the 61.8% and presents bullish...
TF: 1 HR Looks like a quick sell on AIUDJPY. If price sells to the trend line and breaks, further downside is likely from there (shown with the second TP)
Hello, my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see, that the pair AUDJPY is close to its Breakout from ASCENDING TRIANGLE. So, one can wait for the breakout Let us know your views on this in the comment...
Price is getting squeezed upwards, this should lead hopefully to a breakout in coming days. Once price reaches 76.8, it may drop down and test the trendline one more time. . Once and if price does breakout of this triangle my Target will be 80.00. This should also finish off 5th wave. Check my prior ideas for other info on this trade. Good luck traders!
AUDJPY is forming an upward trend, therefore you want to buy. In almost the past 24 hours since AUD Cash Rate news occured, there was some form of consolidation not hitting my entry for a buy stop of 75.89. It has finally hit my buy stop entry. TP: 76.00 OR ABOVE
Bearish Bat >> It is not an Investment Advice. It is for Tracking Purposes Good Luck :)
The pair successfully bounced from a strong horizontal resistance, and is now at a support level+the diagonal triangle support is nearby. Therefore our structure trade is a long. TRADING PLAN: 1-Wait for the diagonal resistance breakout 2-Go long after pullback 3-Targets, SL, on the chart. 4-Next long opportunity will be near the triangle support. Thank...
After the major sell of price broke down a ranged for a bit before popping up on Friday and has now sold and retested that lvl
AUDJPY Long idea All significant timeframes are very bullish and we are looking to continue with this trend. Recently price action broke out of consolidation around the 75.00 area and is now retesting the broken zone as support. We are looking for a higher low and lower timeframe confirmation to support the idea of a bullish push. (The blue trade path) For us...
AUD/JPY, Swing, D1, Chart, My algo says UP... Will check it again tomorrow when the market opens and will place a live trade (blindly, lol!). If you are going to follow this, just ready-up your exit chart so you wont get burned.
AJ in my opinion is still bullish, it got choppy for awhile but seems to have created a double bottom, which is good if you are long. I'm still targeting 78.00 for the end of 5th Wave. Check the chart and good luck traders!