AUDJPY Finally broke above resistance level of 78.755, No we wait for a retest as support to go long into major resistance
AUDJPY on the daily chart is moving inside a range between 2 converging trendlines . The price has recently tested the resistance at the 84.300 level and according to OUR strategy if the market will break above we can set a nice long order.
Overall market structure in the higher timeframe is uptrend! Currently, the price is around the weekly demand zone at 0.618 Fib! On a daily timeframe, an indecision candle was printed as an initial indication of trend reversal! We might have a chance to witness bullish moves on this pair around next week!
Hello traders , Our goal in this analysis is to give you an overview of the future of symbolism. In this analysis, we examined wave a in the weekly time frame. Based on the wave count we did in this time frame, waves 1, 2, 3 and 4 are fully forming and now the microwaves of wave 5 are forming. In this wave, waves 1, 2, 3 and 4 are complete and wave 5 is being...
Nice Falling Channel Spotted at Support Region.... congratulations in advance guys... Thank me later!
Hello traders , Our goal in this analysis is to give you an overview of the future of symbolism. In this analysis, we examined wave a in the weekly timeframe analysis. According to the wave count we did, waves 1, 2 and 3 are complete and now we are inside wave 4. In wave 4, wave a is formed as 5 waves, so we expect wave 4 to be completed in a zigzag pattern. Wave...
Hello traders , Our goal in this analysis is to give you an overview of the future of symbolism. In this analysis, we examined wave a in the weekly timeframe analysis. According to the wave count we did, waves 1, 2 and 3 are complete and now we are inside wave 4. In wave 4, wave a is formed as 5 waves, so we expect wave 4 to be completed in a zigzag pattern. Wave...
Hello Traders Welcome back to another profit day If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions 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...
Possible set up this week on AUDJPY Price currently testing our H4 support. Could see some bullish movement towards end of the week, if price respects our current levels. Please follow, like and share.
watch the 3 on the bottom trendline, if the candle make an engulfing candle than we can go with long entry to the next target, bellow the upper trendline around 80.300. Therefore the price will make 3 peaks on the upper trendline, watch if the engulfing bearish candle form, then the price will go bearish, as the trend show us. H4: bearish momentum m30: falling...
Hello traders, Symbol AUDJPY ,This analysis has been prepared in a weekly time frame but has been published for a better view in a 2 week time frame. as you can see in the chart, has a side mode price, and we did this counting based on complex waves. In this chart, first a zigzag is connected to a flat by an X-wave , and the last wave of this flat ( c-wave ) is...
Hello traders, Symbol AUDJPY, as you can see in the chart, has a side mode price, and we did this counting based on complex waves. In this chart, first a zigzag is connected to a flat by an X-wave, and the last wave of this flat (c-wave) is completed in the form of a channel. With the price coming out of the purple channel, we came to the conclusion that the felt...
We have this pair rejecting its previous support which has now turned to a resistance level on H4. We see price closing up tightly and squeezing in, trying to find a breakout somewhere and move with momentum. It would be nice see to a break above the level and a pullback to lock us in for longs. Targets would be a new high along the trend.
wait for break resistance and bullish engulfing candle confirmation
Price seems to be continuing to replicate its previous bullish trend structure. I will continue to hold. I am anticipating that price will break out bearish from the current correction phase. If you can take a look at the up trend structure, price formed a correction around the same price zone. *Disclaimer* This is not financial advice. Forex trading is a risky...
We are expecting AUDJPY further sell pressure from the current market price. The new Covid variant is spreading its massive infection once again, and Australia reported they are facing a mass number of affected people and break the record 2020.
My analysis on this one is based on a Smart money concepts that some retail traders hardly ever use. We have a retail support zone that was violated (Manipulation), and resulted in us having an Order Block. I scaled down to the H1 to properly identify the Order block candle. price has since been bullish. Ideally, after an Order Block is formed, we expect price to...
For AUD / JPY we have two solutions, and both are long. The first solution is 80,500 areas, the second in case it closes below, then certainly 79,900 areas.