Price is facing bearish pressure from our 1st resistance where the horizontal swing high lines up with the 61.8% fib extension. We could see a further drop towards 1st support at 77.10 at the horizontal swing low. MACD is also indicating more bearishness to come.
AUDJPY Long idea Overall we are very bullish on AUDJPY and we are going to continue looking for long opportunities. Where current price action is we can not make a high probability trade. Ideally we want to see structure form, look for a retracement to either the 38.2% or 61.8% fib level with a confirmed higher low. Look to enter on strong bullish setups...
So price broke out of the triangle finally and is now in 5th and final bull wave, of course we could always seen an extended wave but I'll cross bridge if it happens. Once price reaches 79.9XX area that is where we could see a major reversal, for one that area would be 1.618 of Wave 4 and also it is the .618 Fib Level of the September 2017 Swing High, so it should...
AYDJPY after the retracement on the weekly structure around 73.200 area started a new bullish move. Market hit the previous recent high around 76.600 and got rejected twice starting a range between the daily support and the weekly resistance. Currently the market seem to push the price for a break and is the candle will close above we can look for a nice long...
AUDJPY is testing the upside confirmation, we might see a further bounce if price closes above the level. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
AUDJPY is approaching 1st resistance where the horizontal swing high is and it could potentially drop to the 1st support. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Hi there. Price is forming a reversal pattern to change its direction. Watch strong price action at the current levels for sell.
AUDJPY reversed off its resistance at the horizontal swing high where it could potentially drop further to 1st support. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!
AUDJPY reversed off its resistance at 76.28 where the horizontal swing high is where it could potentially drop further to 1st support. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Price is facing bearish pressure from our 1st resistance, where we could see a further drop towards 1st support. Ichimoku is also indicating more bearishness to come .
📍__**Hello all traders NZD/JPY Setup / Analysis 🕐 2HR'S Chart 📋 Educational —————**- 🗒 Just browsing through my analysis means a lot to me. ➡️ Please follow the analysis very carefully and every detail of the chart means a lot. And always entry depends on many reasons carefully studied Always enter into deals when there are more than 5 reasons ...
AUDJPY Long idea Overall all significant timeframes are very bullish on this pair. We will continue with this overall trend until we see a major transition. Current price action is in a large ascending triangle with a monthly zone at 76.500. We’re looking for a strong reversal from the current level at 75.600, with confirmed higher lows. Ideally a break and...
So there is a legit argument that AUDJPY is now bearish, rightfully so, it has just between squeezed to the south side of the ascending triangle. That being said, I'm not still convinced. I believe there is possibility we could be looking at a bear trap, AJ could have one bull run left in it before prices see a serious decline. Also just for fun I found a Cypher...
Price is approaching our first support in line with our 61.8% fibonacci retracement and the ascending trendline , where we could see a bounce above this level. Ichimoku is showing signs of bullish pressure as well. 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...
Price is facing bearish pressure from our 1st resistance, where we could see a further drop towards 1st support. Ichimoku cloud is also indicating more bearishness to come .
Wait for the retest of the trendline/resistance zone to go short.