As we can see a clear breakout of its previous trendline since 1st of November 2020. So now we suspect a test of its Trendline before a clear FALL
AudJpy has broken the confluence support yesterday and dropped to a local low around 79.50 zone. A correction followed and what, at this point, could be a confirmation for this break. I expect a new leg down from this pair and I maintain my bearish outlook and 77 target as long as the pair is under 81
From the weekly and daily time frame i can see that the price is in a uptrend as shown by the light blue trend line. In the 4H time frame I can see that the price respects the pink ascending channel as shown by the golden ellipses drawn at the intersections. I see that the price has broken the lower pink trend line indicating a possible trend line breakout. As...
AUDJPY, we can see clearly the breakout and the retest of this pair.. Price action tells further advance!
Since the beginning of November, AudJpy has risen 800 pips (more than 10%) and, as we can see from the chart, it almost has no correction. I think things are about to change and the pair will dive. From the technical point of view, AudJpy made a small double top after it passed above 80 and the Friday close found the pair just in confluence support of the...
AUDJPY from a pure technical point of view is ready to retest the neck of the head and shoulder pattern formed on the weekly, once tested a push to the upside is expected.
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Plan: support level breakout --> wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing , pinbar etc --> SELL **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...
AUDJPY BEARISH DEEP CRAB PATTERN Market Sell Order Set Up. Sell Entry: (80.641) Take-Profit 1: (80.132) Take-Profit 2: (79.641) Stop-Loss: (81.155) Max Risk-Reward: (1.95) Leave a Like and Comment, I appreciate every support. Goodluck.
looks a good opportunity for audjpy for scalping for 38 pips ..
As we all know AUDJPY is on persistent uptrend, let's profit trend continuation moving up our SL accordingly as it continues its way up....
Entry details are on the chart. If you guys have any questions let me know in the comments section. Thanks. NOTE - Please do your own analysis before taking this trade.
currently, we are seeing price formed a rising wedge pattern and it's a reversal signal, personally, I will wait for the support level to breakout before placing any sell order. good luck traders! **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...
As i can see this pair is currently trading under a resistance as soon as it make a bullish breakout then we will start buying til pair till design levels with a low risk and looking for a higher rewards Friend push likes and comment it help to reach idea to many other traders follow us for more updates