FX:AUDJPY   Australian Dollar / Japanese Yen
For Traders and Investors worldwide, greetings. So basically, this is how I’ve been actively monitoring the price movements of AUDJPY for the past couple of weeks, and now I have shared with you on how I potentially intend to accurately predict its further next price targets and movements within this new trading week, as a result of backtesting relentlessly and preparing key details that should work profitably when implemented correctly. If you tapped in and agree with this idea hit the boost and follow, I really do appreciate it fr 🧡 

(Read slow if you will 👇🏿)
- In the beginning, the process of identifying, figuring out, comparing, learning, and executing this high-probability Buy Opportunity was first initiated by this Bullish Candle that presented itself at the 9th hour 30 minute mark on Monday within this trading week possessing these four specific principles below, that I believe has the potential capacity within itself to effectively influence the price of AUDJPY to rise 100+ pips above the top bullish candle at $100.993 in 2-3 days, while potentially being able to prevent and protect the price of AUDJPY from hitting a 19.5 pip price level point below the top bullish candle in the first 3-5 hours of its trading process until the price reaches its outcome at $100.060.
-This is and will be the first Bullish Candle of this week #15, after the fulfillment and outcome of a Bearish Candle from last week.

(These are the four specific principles it possesses) - 4.8.2024
1st Principle present = This Bullish Candle with the (Blue Ema) is fully above the (Red Ma)
2nd Principle present = This Bullish Candle was found with a flat bottom, no wick
3rd Principle present = This entire Bullish Candle is fully above the Ichimoku Cloud
4th and final Principle = The previous wick of this Bullish Candle is 31 pips away from the top bullish candle, which is greater than the last bullish previous wick (19) by 12 = automatically making it a greater previous wick, knowing that the greater previous wick = the more effective, profitable, and powerful I would expect this Bullish Candle to be within itself and capacity.


(Greater Chart View + Work 🌅)

(My Live Buy Position off this Bullish Candle revealed) - 4.8.2024 - Monday
My ENTRY PRICE was $100.227 / the current price is now at $100.265 (38 point increase so far)
The price of my stop loss is set at $100.038 (18.9 pips below this Ep)
The price of my take profit is set at $100.993 (76.6 pips above this Ep)
Trading on a 10k funded account / volume size = 0.70 lot
- My personal risk management rules are in place within this Buy Position / always add proper risk management to your strategy!
(Bk) Buomkuoth Nhial Reath 💎 / Glory Be unto God our Father now and forever more! Amen.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.