Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a AUD/JPY Buy. Enjoy the day all. Cheers. Jim
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Bias is to the upside. Risked 1.5% with 3 entries. All entries at at 92.35 and my SL is 91.9. Let's see how this goes.
Hello Traders. As you can see on 30M time frame, if the Low breaks then you can short as shown. Then when it reaches the strong support level you can long there.
Hi Traders, we are expecting AUDJPY to continue uptrend from 0.618 Fibonacci level.
Waiting for price to approach 95.2 area for a possible sell or break above zone for June highs. We shall see. This would be a scalp trade until price approaches 95.2 zone. Of course the other scenario would be price breaking support to the downside to revisit 4 hour trend line.
No trade right now for me on AUDJPY. I'll be waiting for price to break the 2 resistance above and make it's way to June's high. OR revisit my trend line below. Either way, I'll be watching this pair closely.
AUDJPY Intraday - We look to Buy at 93.00 (stop at 92.00) Previous support located at 93.00. Previous resistance located at 94.00. Further upside is expected although we prefer to set longs at our bespoke support levels at 93.00, resulting in improved risk/reward. A move through 94.00 will confirm the bullish momentum. Our profit targets will be 95.00 and...
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a AUD/JPY Buy. Enjoy the day all. Cheers. Jim
Can we get the price to retrace to 92.9 before going back up again? Even if not, we can see another resistance between the 94.5 and 94.7 area. My bias is to the upside after this retracement to support and golden zones on fibonnacci. Let's see how things play out :)
Looking at AUDJPY on 2H Currently looking for long/buy position
These are the scenarios I see for AUDJPY. No Trade for now, but bias is to the downside as AUDUSD has also broken support. I don't enter any trades until 8:30am EST. Even then I'll look out for a break below.
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Confluence region (blue) of HTF resistance zone and HTF trend line and HTF 50% fib level. LTF head and shoulders neckline break and retest. All these give added probability for shorts. Pls LIKE, drop a quick SUB and COMMENT!.
Confluences 1. Overall Bullish 2. Trendline 3rd Touch 3. Broke the counter trendline 4. Rejected the major psychological level (92.500) TP1 - 95.500 TP2 - 96.000
Hey traders, here is the analysis for the AUDJPY. If you guys like my analysis please hit like. Thanks. Disclaimer:- This is not financial advice.
AUDJPY Intraday - We look to Buy at 91.50 (stop at 90.60) Previous support located at 92.00. Previous resistance located at 93.00. Further upside is expected although we prefer to set longs at our bespoke support levels at 91.50, resulting in improved risk/reward. A move through 93.00 will confirm the bullish momentum. Our profit targets will be 93.50 and...
After the high made on the 20th of March started to correct, this correction continued into May and on the 17th of May, we have a bottom and reversal. Yesterday the pair has broken above an important confluence resistance and at this point, we can consider that the pair is resuming its long-term uptrend. 91 zone should provide support now and in this zone, traders...