The monthly corrective structure could be over and it can make a huge up impulse. It looks like we have a reversal pattern at the end. As you can see, it went up and broke the downtrend by an impulsive wave. After that it made a correction and now, it's going up. I'm waiting for a small correction over the trendline to place a pending order. My SL...
Signal ID: 67842
Time Issued: Thursday, 29 August 2019 01:39:15 GMT
Entry: 71.077 - 71.297
Stop Loss: 71.536
The Breakout Opportunities system has just sold AUDJPY at 71.217. The system recommends entering this trade at any price between 71.077 and 71.297. The signal was issued because the AUDJPY has broken its 24-hour low while our...
Price is in a downtrend making lower lows & highs. Price now coming up to create a lower high, nearing the 61.8 fibonacci retracement, along with previous support level. Watching price to test the descending trendline for a "3rd time", & from there will be anticipating a continuation of trend for price to then look to create a new potential lower low next.
The bigger picture shows a completed WXYXZ correction pattern and now the reversal can begin.
Let’s see how the price will react when it gets back into the correction range at the green trend line. It might form a running flat for 1 more down move, but I think it’s more likely to just be the start of the uptrend reversal.
If you would like me to...
Watch for a possible pullback into .382 fib level here before another rally. Join our FREE Telegram group (link below the chart) for our Premium Signals, Setups and Videos (at no cost to you whatsoever).
Only fr those ho love risk. AUD is gain more power last week from trade talks on USA and CHN , and they are have rate cut wich is give him more power. But AUD keep self high from last week, on to much sides we can see traders aare more for sell, in my opinion we can go here for 250 more pips. JPY is the one of wekest currencys.
The channel is broken and retested the 61% of Fibonacci
Take Profit at 72.0 Area
Stop Loss at 71.1
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72.276 - 72.81 Add to Watch List
Signal ID: 67500
Time Issued: Tuesday, 13 August 2019 21:00:16 GMT
Entry: 72.276 - 72.81
Stop Loss: 71.474
The Tidal Shift Strategy has just bought AUDJPY at 72.543. The system recommends entering this trade at any price between 72.276 and 72.81. The signal was issued because our Speculative Sentiment...
Following previous idea on AUDJPY sell bias is till intact with price having hovered around the weekly zone then a strong bearish engulfing candle coming right after ,,we see further more bearish pressure on this pair downwards of 70.700