AUDJPY is in a potential fall down trend now, after tried to touch the long-term support line twice, this time I think it will touch point b at least.Or go up to point a and then fall down to support line?
AUDJPY is seeing bullish divergence in RSI and could bounce from its 1st support at the 50% fib retracement. Target at 1st resistance where the 78% fib retracement is.
AUDJPY - Short Flashcard - TDI settings are broken on trading view so please ignore the first RSI cross Signal line
Price is facing bearish pressure from the first resistance level, in line with 76.4% fib retracement and descending trendline resistance where we could see a drop to our support level where the 61.8% fib retracement and horizontal swing low support are. MACD is also showing that more bearishness is possible.
Price is facing bearish pressure from the first resistance level, in line with 61.8% fib retracement and descending trendline resistance where we could see a drop to our support level where the 50% fib retracement and horizontal swing low support are. Stochastics is also showing that more bearishness is possible.
AUDJPY Long idea This pair is significantly bullish on major timeframes and we will continue with the overall bullish trend. Current price action is at key resistance at 77.500 & we’re looking for a clean break and retest before we enter long. Ideally we want to see a higher low above 77.500 with strong bullish setups. Target higher toward prior highs and...
Hi there. Price is forming a reversal pattern to change its direction. Watch strong breakdown at the current levels or wait for the price to test the higher trendline of the pattern and watch strong price action for sell.
Price making new HH and significantly high HL from previous LL (head). Opportunity to long. All Criteria met. + lower bounce at left shoulder formation. Rewards = 2 X Risk. Risk 2%~3%. Entry que: price break neckline with momentum.
AUDJPY after hitting a weekly support (red) got sharply rejected. Price currently hit a minor resistance and retrace. IF the price will break and close above the structure and consequently break the discending trendline we can set a nice long order according with Plancton's strategy. ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis, please...
Price is facing bearish pressure from the first resistance level, in line with 61.8% fib retracement and horizontal swing high where we could see a drop to our support level where the 38.2% fib retracement is. Ichimoku is also showing that limited pushup is possible before any reversal.
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!
Price holding below descending trendline resistance and Ichimoku. Price could retest our 1st resistance where the 23% fib retracement is and reverse from there.
It appears price may be reversing on aud/jpy, pin bar forming on 78.6 fib retracement level. We are still in Wave 5 on larger timeframe I believe. This bull run is running out of steam on the daily, just waiting for price to reach 79.9XX. Check out my prior ideas for targets.
Chinese economy recovering strongly should benefit the AUD in the longer run, and once Abe’s successor is elected, BoJ’s ultra-easy monetary policy will likely be reaffirmed — paving the way for eventual JPY weakness. AUDJPY has closed above the weekly Ichimoku cloud and broken above resistance at 0.7680–0.7700 convincingly. Buy on dips for a test above 0.8000...
The Breakout Opportunities system has just sold AUDJPY at 77.262. The system recommends entering this trade at any price between 77.084 and 77.349. The signal was issued because the AUDJPY has broken its 24-hour low while our Speculative Sentiment Index was at 1.431, suggesting that the AUDJPY may have further to fall. A stop loss has been set at the 24-hour high...
Price is facing bearish pressure from our 1st resistance, where we could see a further drop towards 1st support at 76.95. Ichimoku cloud is also indicating more bearishness to come.
AUDJPY Long idea This pair is now bullish on all significant timeframes and we recently saw a daily trend change when 76.500 was confirmed broken. Current price action is now in a retracement and is near the 61.8% fib level. We will look for bullish transitions and bullish setups anywhere between the 61.8% fib level and key support at 76.500. Look to target...