Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
We may see downtrend. AUD JPY keep making HL in this week. Price being rejected after testing h1 supply zone. In m15, we see the price creating smaller demand zone. We may see if the price reject the zone or break the zone. If it breaks, we may see bearish downtrend after it hit the purple zone which i already make for pending orders for sell limit. If the price...
The Japanese yen takes advantage of the weakness faced by the Australian dollar. The safe-haven appeal of the Asian currency is helping it to come out triumphant in the trading sessions. Although it may not be enough to record strong gains, it’s still helping it to pull the pair’s price lower and lower. The pair should drop to its support level this latter half of...
With the current situation my bias would be to the downside should we see a break of the trend line.
The current H&S pattern has reached its target and has successfully completed the retest of the neckline.
More downside is expected from this pair should we see a break of the trend line.
Further downside targets will be updated accordingly should this happen.
I show you the place where you can look to sell entry.
The trend has changed its direction.
The best trades are possible near the Key Levels.
Push like if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!
As mentioned in my previous TA regarding this pair
we are looking for short potential
Price action suggests that we may see another push up before selling off!
(I update my pairs frequently on telegram, NOT on tradingview)
Do NOT trade before taking confirmation
Reminder: Drawing is only an idea of how the price will move, it's NOT 100%...