05/01/23
Aud/jpy
pt.1
- seeing a possible push for the year into 106.010 price level with the possibility of pushing higher and taking out the all time higher since it peak in 2008. in order for that too take place it will mean that Yen pair will have to lose in strength/value throughout the whole year or last two quarters which might also imply that they will be a possiblilty in the recovery in Stock market. S&P500 lost -19% the highest since the 2008 shock, while gold is seems to be recovery from the march peak and slowly creeping into the monthly overall supply, while also taking note that if failed to take out 2020 peak though it trading there.
so the question is that what does this all mean?
if gold breaks the monthly supply side what will this mean?
Aud/jpy
pt.2
short yerm view
- looking to sell at 93.182 which also confluence with controlled price levels and the area where the market broke from, while also looking at the current sell side trend as whole looking for the second leg which is currently in motion looking to ride the last leg to the down side taking the support while not forgetting its the 61 fib level of the current bu llies trend, there the might further continuation of the trend.
- idealogy behind this trend is based on 3 phases of the market on monthly tf (imp, corr, imp) , while looking at the accumulation phase 81.625 ( the second leg of the monthly as a possible problem, the push a reaction looking to ride the solution phase into 76.893 which will than led me into PART 1 thesis which might take place during last two quarters
while taking to account that price basically tap its 2014 supply side than push down on monthly
.
Aud/jpy
pt.1
- seeing a possible push for the year into 106.010 price level with the possibility of pushing higher and taking out the all time higher since it peak in 2008. in order for that too take place it will mean that Yen pair will have to lose in strength/value throughout the whole year or last two quarters which might also imply that they will be a possiblilty in the recovery in Stock market. S&P500 lost -19% the highest since the 2008 shock, while gold is seems to be recovery from the march peak and slowly creeping into the monthly overall supply, while also taking note that if failed to take out 2020 peak though it trading there.
so the question is that what does this all mean?
if gold breaks the monthly supply side what will this mean?
Aud/jpy
pt.2
short yerm view
- looking to sell at 93.182 which also confluence with controlled price levels and the area where the market broke from, while also looking at the current sell side trend as whole looking for the second leg which is currently in motion looking to ride the last leg to the down side taking the support while not forgetting its the 61 fib level of the current bu llies trend, there the might further continuation of the trend.
- idealogy behind this trend is based on 3 phases of the market on monthly tf (imp, corr, imp) , while looking at the accumulation phase 81.625 ( the second leg of the monthly as a possible problem, the push a reaction looking to ride the solution phase into 76.893 which will than led me into PART 1 thesis which might take place during last two quarters
while taking to account that price basically tap its 2014 supply side than push down on monthly
.
Related Ideas
aud/jpy
mrmadonsela01
about AUDJPY