There is a Trading Signal to Buy in AUDJPY Currency Pair.
Traders can open their Buy Trades NOW
If you liked our ideas, please support us with your likes 👍 and comments.
200 MA is holding + Bullish divergence
Buy Entry : 76.033
Stop loss: 75.370
Take Profit: 77.018
Follow me on twitter @KhaIid_Alhasani to see all my trades, if you are a newbie please start with small lot size, I will tell you when to close half of your position to bank some profit
Don't change the stop loss even if the price was almost there!
AUDJPY brokeout above the downtrend resistance.
RSI is printing a bearish divergence signal.
The market is printing a double top reversal pattern.
Potential retest of the downtrend resistance + fibonacci retracement levels.
Sell entry - breakdown below the double top neckline support ⬇️.
I find that the aud/sgd is in a daily uptrend now and with the sell off we have seen on the weekly chart shown here when price pullsback to the ema 89, now is potentially time to find the reversal now the daily will turn before the weekly. now the daily has turned it gives us an opportunity for a good longer term position for a lot of pips.
As we know, this will rely heavily on how the US indices and gold performs, so here's both outlooks to consider.
We are in a bearish trend, we do have bearish structure and we've now had the usual 61.8% retracement before the next impulsive move.
We need to close below 75 first though!
For buys we need to break structure and the 70.7% fib level before...