Confluences
a. Last week closure - Doji (150pips wick)
b. Expanding wedge
c. FIB 61.8% From push ( due to corrective)
d. Trendline
e. Break of trendline
Hello everyone, AUDJPY as well looking corrective to downside, fed as well can play with that so you already know what to expect! critical event tonight be safe and good luck!
Hey traders, here is the analysis for the AUDJPY. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
After a fake breakout under bullish flag, AUDJPY again covered all the last week bearish candle and retouch the flag under line.
SO, based on my view, its time to long AUDUSD with stop loss 79.80.
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
Just as the other JPY pairs, AUDJPY has found bullish momentum for quite some days.
Although the 4H timeframe still points bearish, the bullish momentum is not to be overlooked.
Currently, at a resistance level, we're watching how price reacts before taking a position on this pair.
Price did reject the area initially but is now coming back at it with bullish...
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 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 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 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
It appears 40% of retail traders are net-long AUD/JPY. Downside exposure increased by 4.72% and 13.68% over a daily and weekly basis respectively. The fact traders are net-short hints prices may prices. The combination of that and recent changes in sentiment further compounds a bullish contrarian trading bias.
Buyers are stepping in.
TRADING SUGGESTION:
Now we looking to the market got reversal on support line,so now take a buy trade.GOOD LUCK
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TAKE A TRADE,SIT BACK AND RELAX
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