Buy above 81.90. Stop loss at 81.67. Take profit at 82.90. Reason for the trading strategy (technically): Price has dropped perfectly to our buying area and bounced off perfectly. We remain bullish above major support at 81.90 (Fibonacci extension, horizontal swing low support, bullish divergence) and we expect a strong bounce above this level to at least 82.90...
Buy above 81.90. Stop loss at 81.67. Take profit at 82.53. Reason for the trading strategy (technically): Price is approaching major support at 81.90 (Fibonacci extension, horizontal swing low support, bullish divergence) and we expect a strong bounce above this level to at least 82.53 resistance (Fibonacci retracement, horizontal overlap resistance). Stochastic...
Sell below 84.23. Stop loss at 84.64. Take profit at 83.27. Reason for the trading strategy (technically): Price has reached our selling area and is dropping nicely. We now remain bearish below major resistance at 84.23 (Fibonacci retracement, Fibonacci extension, horizontal pullback resistance) and we expect price to react off this level and drop towards 83.27...
AB=CD Price At 81.95 So the 81.95 is good support!
This trade is based on wave analysis We had the impulse and we are hoping for a flat correction Corection wave A stoped on a 50% Fib level or the main impulse. We are anticipating correction wave B. Check out for a trend breakout of wave A in the Yellon ARC for a buy opportunity
Hey guys, one of my usual analysis here. The blue box you see on the chart is a support zone drawn on the daily timeframe. That's important because i knwo that i'm looking to long as long as we are in the structure zone, not above, not below. And it is also important to place the right stop loss limit, for i know i'm wrong as soon as price breaks to the...
AUDJPY potential long. We can see lot of refusing from downside to more downtrend. Also we saw a broke structure (broken previous LH) Go long after breaking TL to potential psychological level of 88.000 Dont forget to trade with proper RM/MM and caution Good luck guys
Buy above 86.17. Stop loss at 85.80. Take profit at 87.17. Reason for the trading strategy (technically): We remain bullish above 86.17 support (Fibonacci retracement, horizontal swing low support) where we expect a bounce from to at least 87.17 resistance (Fibonacci retracement, horizontal pullback resistance). Stochastic (55,5,3) is seeing strong support above...
Hey guys, i want to share with you this analysis i've made on audjpy. In the bigger picture (daily timeframe) price has recently broke and closed above a structure resistance, signaling the intention to go higher. Assuming that, i'm now looking for long opportunities down on lower timeframe (such as the 4H). Here we can see price is pulling back into the previous...
As we predicted in our earlier idea that the price will touch 90 level in a longer run - On lower time frame we expect 88.50 coming soon.
We expect the price will move upwards on a long term weekly technical analysis. Take Entry @ 86.40 Take Profit @ 90.80 Stop Loss @ 76.00
This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
Note: AUD/JPY follows what we predicted last week. Overall, we are still bullish on this pair unless it breaks the support zone at 86.0x level and the 20-EMA line. Our trading plan: Waiting for a strong bullish signal bounce back from the support zone is a good signal to long! Caution: The BOJ Policy rate on Tuesday!
Expecting weaker JPY and stronger AUD. Bullish flag pattern.
AFTER A CONSOLIDATION PRICE SHOULD HIT THE 77.963 LEVEL AND RESISTANCE TREND LINE. PRICE SHOULD FALL TO 75.361 LEVEL. PLACE A BUY AT 75.361. STOP LOSS 73.472.