I think that AUDJPY made ABCD points in H4 Timeframe in past and now it is moving upside for point E but this is not an intraday trading idea, you can hold long position for this week and or few days more buy at the end you will get success.
In my opinion, after the price reaches the demand zone, the price can go up to the set range
AUDJPY Buy Limit
Entry : 91.486
TP : 93.484
SL: 91.395
Good Luck and as always, trade safe!
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Anticipating further AUDUSD weakness, this could take the AUDJPY lower as well.
Despite general Yen weakness, the Yen has found some strength over the past trading sessions as markets increased concern over a global recession, which could have led to the increase in demand for the safe haven currency.
The AUDJPY tested and rejected the 92.50 resistance level,...
This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
✅AUDJPY has reached the resistance level. The price bounced has already bounced down. ✅
🚀 SELL scenario: short to the support level.🚀
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Remember, there is no place for luck in trading - only strategy!
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Audjpy has reached a confluence, am waiting for breakout to go short.
Tp 1 should be paid close attention for possible reversal.
Targets on chart.
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Thanks, in advance good people.
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TODAY WE HAVE AUDJPY
✅AUD_JPY will be retesting a resistance cluster soon
From where I am expecting a bearish reaction
With the price going down but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
SHORT🔥
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Here is our technical outlook for AUDJPY.
Our analysis is based on current market fundamental sentiment.
According to our chart AUDJPY is coiling on resistance cluster.
Based on our stand point the price will go lower
to the next support level.
Please, leave a comment and support us with like.
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Hello,Traders!
AUD-JPY broke out of the bearish triangle
And went down just as I predicted
In my previous analysis
Now the pair is making a rebound
To retest the supply area above
But I am still bullish and I believe
We might see further price decline
During the next trading week
Sell!
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See other ideas below too!
AUDJPY / 1H
AUDJPY is trading in bullish trend, after a pull-back, seems like the price is accumulating again.
I'll be looking to buy the minor pull back.
Trade safe,
Trader Leo.
AUDJPY on the 4h chart on last Friday broke below the support area at the 93 level.
The market is now looking for a retracement and a possible retest of the 0.382 Fibonacci level.
How can i approach this scenario?
I will wait for a retest of the resistance level and at that point if the price will provide an inversion i will check a potential short order...
Looking at the AJ pair last week we saw the downpour and breakout of the wedge between the trends. so far price is currently in retrace & re-test mode.
I am looking for a touch of 93.560 or .382 retrace mark, if I see volume sellers & or a rejection pattern I will look to enter shorts. Next level up would be the .50% retrace mark
Hey traders, in the coming week we are monitoring AUDJPY for a buying opportunity around 91 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
