Hey traders, AUDJPY reached a strond daily support this night. Then, the price managed to violate a resistance line of a fallng wedge pattern on hourly. Taking into consideration, that the pair is ranging from the end of March, chances are high to see a pullback now. Goals: 83.75 84.3 ❤️ Please, support this idea with a like and comment! ❤️ ⬇️ Subscribe...
As you can see, it is in an uptrend channel, according to the ADX indicator, there is no dominant trend in the market, and the Stochastic RSI oscillator is not yet in the extreme sales range. If we define a good time to take a long position, it is the time when we are at the bottom of the canal and in the Stochastic RSI oscillator, it will deliver to a Golden...
AUDJPY is moving inside a range between 2 converging trendlines . The price has recently tested the resistance at the 84.300 level and according to Plancton's strategy if the market will break above we can set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure...
AUDJPY on the daily chart is moving inside a range between 2 converging trendlines. The price has recently tested the resistance at the 84.300 level and according to Plancton's strategy if the market will break above we can set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly...
Welcome to our weekly trade setup ( AUDJPY )! - 1 HOUR Bearish market open and price action. 4 HOUR Overall bearish waving market.. DAILY Expecting more bearish pressure. - FOREX SETUP SELL AUDJPY ENTRY LEVEL @ 83.880 SL @ 84.340 TP @ 83.190 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to...
AUDJPY Neutral idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Overall we are bullish but we are currently in a large range between 84.400 & 83.300. Ideally, we want to see the bullish trend continue and break through resistance. Look to enter on a higher low above 84.400 and target higher toward our 0% fib level. Trade...
AUDJPY is moving inside a range between 2 converging trendlines. The price has recently tested the resistance at the 84.300 level and according to Plancton's strategy if the market will break above we can set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure...
AUDJPY Short idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bearish Trade scenario 1: Higher timeframes are bullish but we have been seeing some high volume ranging happening on this pair. Currently price action on the 4hour is pushing lower and could present some great short opportunities. Look for a break and retest of 83.300 with a lower high...
Hello Traders Looks like AUD/JPY is forming a SHS pattern and right now price is completing right shoulder. Also we can see downtrend in RSI (Daily TF).
AUDJPY Long idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Currently we are back to bullish and ready for lift off! We just saw price action break and retest resistance at 84.150 and are now waiting for bullish confirmations to enter long. Look to target prior highs after conviction. Trade scenario 2: For us to consider...
We are anticipating AUD weakness and JPY strength which is going to make this trade a really good trade! Safe entry indicated in chart. But you can get an entry soon by identifying bear flags on the smaller timeframe. Goodluck and trade safe!
We are anticipating AUD weakness and JPY strength which is going to make this trade a really good trade! Safe entry indicated in chart. But you can get an entry soon by identifying bear flags on the smaller timeframe. Goodluck and trade safe!
AUDJPY broke downtrendline Strong bullish wave (a) ended at level 84.48 then corrective bearish wave (b) rejected from uptrendline with bullish movement Above SMA 100 MACD shows weakness in bearish momentum It's expected forming bullish wave (c) to target HVN at level 84.40 then finally target supply zone at level 85.45
AUDJPY after the double bottom over the minor support started a retracement move. The market reached the 0.618 of the previous impulse and is now turning again into a bearish scenario. If the price will break below the trendline according to Plancton's strategy we will set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly...
Prices are facing bullish pressure from 1st support in line with 100% fibonacci extension and 61.8% fibonacci retracement. Prices might pullback to 1st support before pushing up higher towards 1st resistance in line with horizontal swing high resistance and 78.6% fibonacci extension. If prices fall through 1st support, prices might push down towards 2nd support...
AUDJPY broke downtrendline Pair is based above key level at 83.05 Above SMA 100 MACD shows weakness in bearish momentum RSI is above level 50 we r waiting price to exceed next resistance level at 83.90 to open long trade It's expected to target first HVN at level 84.40 then finally target supply zone at level 85.45
AUDJPY Long idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Overall we are back to bullish. Last week we did see a strong reversal near our 100% fib level followed by a rally. At the current level we can not just take a long opportunity, we need to wait for a higher low & new support to form. Ideally we want to see a...