Dear All, We are in Blue box, Please open your position with small size but wider Stop Lost. This strategy has very good Risk/Reward but needs big Stop Lost. For example 200 pips, but minimum you could consider 500 pips as your profits. As soon you feel a safe side make the postion risk free and move SL with pair movement. Best Regards Brando
Prices are at approaching a pivot . We see the potential for a pullback from our sell entry at 85.895 which is an area of Fibonacci confluences towards our Take Profit at 84.862 in line with 23.6% Fibonacci retracement and 61.8% Fibonacci retracement . Divergence is spotted on RSI , further supporting our bearish bias. Any opinions, news, research, analyses,...
Prices are on bullish momentum and ascending trendline support. We see the potential for a bounce from our buy entry at 84.868 in line with 78.6% Fibonacci extension towards our take Profit at 85.701 in line with 161.8% Fibonacci Projection . Technical indicators are showing bullish momentum. Any opinions, news, research, analyses, prices, other information, or...
AUDJPY Bullish idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: AJ is also looking bullish on all major timeframes after we saw a break of 83.250. Now we are waiting for key structure points to enter long on and ride the trend. Ideally, price action forms a higher low closer to 83.250 before continuing higher. Trade...
AUDJPY is near the sell area! With 1:2 risk reward ratio, i think this is the best setup we can have!
AUDJPY Bullish idea Weekly Trend: Bearish Daily Trend: Bullish 4Hour Trend: Ranging Trade scenario 1: Recently we have seen AJ turn bullish but since price action met resistance near 83.250 we have been seeing some high volume ranging. Ideally, we can continue bullish and see price action confirm structure with a higher low above 83.250. Trade scenario 2: If...
Price is near sell entry level of 83.226 in line with 61.8% Fibonacci retracement . Price can potentially dip to the take profit level of 82.114 in line with 50% Fibonacci retracement and 127.2% Fibonacci projection . Our bearish bias is supported by technical indicators. Any opinions, news, research, analyses, prices, other information, or links to third-party...
AUDJPY is retesting a resistance zone, what do you think the price would do, retest the zone and reversed or break and continue the bullish run. Share your thoughts in the comment section. i made mistake in the prev post, wrote AUDGBP instead of AUDJPY
AUDJPY on the 4h chart is trading below a descending trendline. The price after the last impulse retrace over the support at the 0.5 Fib level and turn with a break of the dynamic resistance for a test of the daily structure. How can we approach this scenario? We will wait for a break and close above the daily structure and at the retest of it we will set a nice...
AUD/JPY 4H chart shows a possible H&S pattern, if the price continues to go down this is a good short trade. It might make another Lower Low.
AUD/JPY needs to close above the purple falling trendline to target 84.31 and 85.8. However, closing below the blue trendline will take it back to 80.36
AUDJPY Bullish idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bullish Trade scenario 1: Overall this pair has been fairly bearish on higher timeframes but we have recently seen a ton of 4hour bullish movement. Currently, price action is bouncing between 83.250 & 81.500 with HIGH volume. The mostly likely scenario is that we will find resistance...
Hey traders, in the coming week we are monitoring AUDJPY for a buying opportunity around 82.2 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
HELLOOOOOO PIPPIN PEEPS! High probability trade coming up. Look for sells to break the low as indicated on the chart! Happy PIPPIN!!
Hey traders, in this week we are monitoring AUDJPY for a selling opportunity around 80.6 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
- price has created a weekly pivot - now the price has returned to ftc level that equal to fibo level 38.2 - bos in 4h timeframe - have a node in double trigger timeframe (15m)
Prices are on bearish momentum and abiding to our descending channel. We see the potential for a drip from our sell entry at 81.202 in line with 50% Fibonacci retracement and 23.6% Fibonacci retracement towards our Take Profit at 78.6% Fibonacci extension. Prices are trading below our Ichimoku cloud resistance and also RSI are at levels where dips previously...
We have a BOS. THE TREND IS YOUR FRIEND. Uptrend broke and downtrend begun 4HR TF and less. Supports turning into resistance with the YEN shown strength due to BOJ decisions on interest rates