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
In the 240-minute chart, the formation of the Triangle pattern is clear, and according to this pattern, as well as the price crossing the range of 84.71, we can consider two targets for these pairs.
As you can see there is a Bearish Divergence with MACD which is the sign of trend reversal, followed by Hidden Bearish Divergence which can be interpreted as the Bearish Trend Continuation
the price may have retracement to the Fibonacci Golden zone which is between the 50% to 61.8% and then starts its impulsive wave if these support level stands and Bunces the...
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 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.
AUD / JPY clearly showed a rejection at 83,350 ares. Where the day candle closed. And the trend coincides that this pair needs to go up. So definitely our position for this pair will be long.
Hi there,
AUDJPY is setting up for a breakout to go higher, target mentioned in wave number 5, only there we can top in to change the trend.
Watch smaller timeframes to add in longs
Good luck
Hello everyone,
I am shorting AUDJPY but it formed Bullish Expanding Triangle so could go UP. On the graph u can see my entry. After it will touch 83.800 I am Buying with SL at 83.600 and TP at 84.400 it could go even higher till 84.800 maybe
📉 SELL ZONE – 83.393 to 84.893
🔷 Take Profit 1 - 84.193 (20 Pips)
🔷 Take Profit 2 - 83.893 (50 Pips)
🔷 Take Profit 3 - 83.393 (100 Pips)
⛔ Exit / SL - 85.393
There is potential for the price to move lower, its showing resistance for price reversal around 84.400 region, if this resistance holds then we can see the price bearish towards 83.400.
AudJpy was in a strong uptrend since the beginning of November, now the pair is confirming the up-trendline break and is looking to form ann H&S.
A strong correction can follow from this point and the pair could drop to 80 zone.
Interim support is at 82.
Hi Traders,
This is my view on this cross for the next few days.
#AUDJPY
Wait for the lower 4h trend line and Structure area to be broken to go sell
SELL 82.35
SL 83.11
TP 80.95
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow...
1hr chart divergence.
might be pushed down by the resistance around 84.168
if the channel is broken there a possibility it will fall the 83.428 mark or further.
