I expect JPY pairs to correct across the board soon, most of them are very oversold. On this pair RSI is very high even on weekly timeframe, same goes for CAD, EUR, and GBP to JPY. All these pairs are at resistance levels, GBP/JPY is actually surpassing the resistance level as well so that is further reason to see a pullback. I am not entering shorts personally...
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
AUD/JPY is in an uptrend since the beginning of the year . It has been repeating the bullish flag pattern indicating the continuation of the uptrend. I can see that another potential bullish flag pattern forming , suggesting a strong bullish move that's going to happen . I will wait for the breakout of the flag and enter after the retest of this flag to...
Long AUDJPY @ 83.23 TP: 85.00 SL: 82.90 Ive decided to go long AUDJPY as the Aussie has been better bid of late and there has been some nice consolidation around this level which will act as support for the trade (around 83.00 level) as well as fibbo support around this level too. US dollar is very week at the moment and therefore AUDUSD should continue to grind...
AUDJPY 5m demand setuup, final targets upwards of 86. close to over 50:1
Technical Education for Learning Purpose. AUDJPY Looking For Direction and here is the plan to buy or sell.
AUDJPY PRICE REACHED WEEKLY RESISTANCE ZONE..THERE IS POSSIBLE PRICE CAN MOVE DOWNWARDS..... AND BELOW THAT THERE IS FRESH DAY LEVEL SUPPORT ZONE..PRICE CAN MOVE UPWARDS...THEN GO LONG.. IF IT FAILS TO MOVE LONG THEN GO SHORT BELOW TO THAT ZONE..
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
This is another trade that hit TP and I was waiting for a retrace for another chance to enter again. It seems to be breaking higher now without much of a retrace so we can monitor this for if and when it retraces back to this support. Once it turns back and then rebounds a long can be entered with a target of 83.928. SL just below the support area.
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 broke head and shoulder pattern. price is still bullish .. its next level is 84.195 resistance 1 and if price break this resistance than next level is 88.99
We managed to see an important rejection for AUDJPY at the 161.8% fib level. I will be looking for a short opportunity to my supply level in green. This will be a short term trade opportunity. However, if we managed to see price breaking the support level, I will expect a 61.8% move. If not, the bullish climb will continue eventually seeing 261.8% and higher. As...
Had an excellent trade on this in my previous post, closed at TP 1. Now want to see this retrace to at least 0.382 Fibonacci to re-enter a long position with the target being TP 2 at 83.928.
Hello Traders, here is the full analysis for this pair. Watch strong price action at the current levels for SELL GOOD LUCK! Great SELL opportunity in AUDJPY .. I still did my best and this is the most likely count for me at the moment .. Support the idea with like and follow my profile TO SEE MORE! Traders, if you liked this idea or if you have your own opinion...
Plan: wait for the price retracement or bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. ...
Plan: wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if...