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moneymunshi
Jan 23, 2020 8:41 AM

AUDJPY Prediction For Good Profit and Small Stops 

AUD/JPYOANDA

Description

Here is my Analysis of AUD/JPY

AUDJPY is currently in a Channel in The long Trend and is Bearish and Target of 74
while medium term we can see a rebound to 76.
It is Forming a Bat Pattern in The Daily chart

Here is my Trade Guide

************* 3 TO 4 Days Target*****************
1st Trade :- BUY CMP TGT 75.80 -76 SL 75.90

**************7 to 10 Days Target**************

2ND Trade :- Sell at 76.04 TGT 74 SL 76.30

************ 7 to 10 Days Target***************
3rd Trade : Buy at 74 TGT 75 SL 73.70

************************

Thanks Enjoy

Trade at your own risk

Trade closed: stop reached

Trade active



this looks more likely to happen will have to wait and see if it holds 74.70 for a bounce or its going straight to Blue channel Trend line support

Comment

15 Minutes Time frame has a bearish Cypher formation so will go down

Change SL to 1.9940

Comment

sorry the last comment was meant for other chart of mine GBPNZD
Comments
transparent-fx
atm I have this overall view on audjpy
moneymunshi
@transparent-fx, hey only problem is that at the moment the pair is bearish for medium term till it hits the Channel support according to my chart and is oversold for a bounce back to Reach your target of 77.00
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