Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (78.11). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AUDJPY is in a range bound and the beginning of downtrend is expected. . The price is above the 21-Day WEMA which acts as a...
Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (78.11). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AUDJPY is in a range bound and the beginning of downtrend is expected. . The price is above the 21-Day WEMA which acts as a...
AUDJPY broke uptrendline Price is based below resistance level at 78.15 Pair formed double top pattern Below SMA 100 MACD shows bearish momentum It's expected to target key level at 77.00
Hey guys, Next week Ill be looking for potential AUDJPY longs, if you seen my previous AUDJPY idea, I had stated that if price breaks the bullish flag we may see the current trend continue, price broke the trendline resistance and is currently being respected. AUD has been very bullish lately however price is currently at resistance, if this level is broken, we...
AUDJPY finally reversed from our 1st resistance where the 78.6% fib extension is, more downside is available from here!
AUDJPY Long idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Looking to continue with the bullish trend. Right now we could see price action pullback and test 78.450 again or price action could continue with bullish momentum into our 79.000 resistance level with no pullback. Trade scenario 2: For us to consider short...
AUDJPY on the 4chart is looking for new recent highs. The price after hitting the 78.700 level retraced back into a bull flag. The market is now testing the previous high and if the price will break above we can set a nice long order according to Plancton's strategy. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red...
AUDJPY in a bullish flag. Long positions above recent high. Entry 78.85 | SL - 78.65
AUDJPY is facing bearish pressure from 1st resistance where the 78% fib extension and previous swing high are.Price is likely to reverse from here towards 1st support where the 61.8% fib retracement is. Stochastics is also showing price is reaching the resistance level at 97.19.
Hey guys, We are currently looking at a bullish flag, flags tend to be continuation of the current trend...judging by past market price we can expect price to break the trend line resistance therefore triggering the next leg of the trend move. If you find this idea helpful❤️ Please feel free to like👍 Follow us for more ideas❤️ Drop a comment below on what your...
AUDJPY is seeing bearish pressure from 1st resistance ,more downside ! This is in line with a mixed risk sentiment today where risk assets could see some reversal!
📚 LEARN MORE 💰 EARN MORE With ForecastCity FLAG pattern Definition: A FLAG pattern is a continuation chart pattern, named due to its similarity to a flag on a flagpole. A flag is a relatively rapid chart formation that appears as a small channel after a steep trend, which develops in the opposite direction. After an uptrend, it has a downward slope. After...
AUDJPY has found support on recently broken resistance. We are looking at long positions to breakout higher from the recent bullish triangle pattern. Entry price 78.63 | SL - 78.14 | TP 80.00
AUDJPY is facing bearish pressure from 1st resistance where the 78% fib extension and previous swing high are.Price is likely to reverse from here towards 1st support where the 61.8% fib retracement is. Stochastics is also showing price is reaching the resistance level at 97.19.
AUDJPY is likely to bounce further from support level ! Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a comment on what currency pair you'd like me to analyze next too.
AUDJPY broke above 78.365 where we consider as the upside confirmation. It is a level where the 78% fib extension and previous swing high are. Price is likely to leap further towards 1st resistance from here, Ichimoku is also showing support !
DovyFX I had some extra time to do some backtesting and record it for everybody here. Hope you guys enjoy it. Cheers! P.S. Had to cut it short, because I had some guests that came over to my house.
AUDJPY Long idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Price action has been very bullish on all significant timeframes and we will continue with this trend until we see a significant break of structure. Trade scenario 1: Look to enter long after structure forms near our 61.8% fib level. Ideally enter after a higher low is confirmed...