The pair is following a falling channel in daily timeframe. It bounced off from the channel resistance and is very likely to continue downwards.
OANDA:AUDJPY Short-term breakout and retest of the downward trendline + clear support level. :) Looking for at least a little push up to the upper resistance level. Keeping the stop loss just below the trendline. Keep those losses at 1%! Good luck
Hello Traders, on this sell trade we have an initial target of 8.8 pips and 2nd target set at 20 pips, all with immediate momentum. The stop loss is at the red line up high. Best, Jay
AUDYEN has been in a downtrend channel since 2018. Price is currently in a bearish wedge, making a corrective movement. Here is what to watch out for next!!!
Hello traders! This is a Tag&Go setup short, a sell stop order, set and forget style is right on the red line at 73.662 The red circle is the stop and 1st and 2nd targets are in green below. Best, Jay
Hello traders! This is a Tag&Go setup short, a sell stop order, set and forget style is right on the red line at 73.982 This is an update from yesterday, entry is higher now. The red circle is the stop and 1st and 2nd targets are in green below. Best, Jay
Hello traders! This is a Tag&Go setup short, a sell stop order, set and forget style is right on the red line at 63.885 The red circle is the stop and 1st and 2nd targets are in green below. Best, Jay
Hello traders! This short is a touch and go from the top of the Bollinger heading down. Best, Jay
Hello traders! This is a sell at the red line, 1st target at the immediate green circle and stop at the red circle above. Targets range from 12 to 27 pips. Best, Jay
Hello traders! This is the same kind of entry short as yesterday, with the immediate trend. The red circle is the stop and the 1st target is anywhere near the green circle below. Best, Jay
audjpy buy idea H4 frame Resist line if can breakout safe buy zone lets see that
Hello traders! There is a sell opportunity between lines B and C for 20 pips. This trade can be taken with a sell stop order as a set&forget setup. It`s recommended to position stop no further away than 1:1 RR away from entry, although this may vary with markets and volatility. Best, Jay
Hello traders! In this trade we are looking for a momentum completion from line B to line D for 50 pips. We also have a 25 pip target between lines B and C if price goes that way. These trades can be taken with a buy stop order as a set&forget setup or we can wait for PA to close above line B as with the T1 and T2 levels. In the case of the T3 level, price...
Price has been on the rise and following an ascending channel. It just reversed from a strong resistance level and currently at the support line of the channel. It is also currently at a horizontal support level. I am not sure of the next move but I see two possibilities: Scenario 1: Price may continue to follow the channel and bounce off upwards to test the...
Bullish flag breakout for AUDJPY. Price may go higher.
AUDJPY to climb from its upside confirmation at 74.550 where it could potentially bounce further to 76.200. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
If price breaks the high of the pin, then possible up move.