LOOKING FOR BUY IN AUDJPY
after we seen a clear break upside were price try to.. We could expect some correction may be done in this week before any long@buyyer get in to position at demand area
Adjusted trendline on H4 as a bullish harami pattern formed which respected the new trendline. Sellers were pushing the market lower until price started to climb again after the formation of the bullish harami and the trendline being respected indicating that sellers are loosing power. Temporary move to the downside doesn't necessarily mean a change in direction...
AUDJPY on daily showing strong bullish momentum with EMA's crossed over confirming buyers coming into the market with a resistance turned into support broken as well as the trendline. On our H4 execution timeframe we are seeing a pullback to the broken daily trendline and H4 support zone which will set us up for long positions once the trendline and support have...
AUDJPY jumps after BOJ leaves yield curve range untouched.
Hi, and thanks for looking at today’s update. Today we are analysing the daily AUDJPY after the BOJ left the yield curve as is after last month's shock adjustment. The market may have been looking for further moves today, which might be why we saw heavy selling on the Japanese Yen.
Today’s video...
Here are the few points i am looking for this trade
1. After a double top, price had a massive down wave and we dont see any consolidation (Showing price is ranging in bigger time frame )
2. Ranging market condition Price often stop and keep going the same dirction as it stop (see other JPY pair)
3. Price is doing a break out set up and sitting in a major level...
Audjp is exactly moving according my previous analysis ( tagged ).
We are in sell positions in audjpy and now here is some update.
History from previous days, Market formed double bottom and nicely push back to the bearish trend line resistance.
And that are the area we sell from.
Now we can see market make new high from last high and higher low from last...
In my video from Saturday, I discussed that traders should look very closely at Jpy pairs because a resumption of the long-term bullish trend could have started, and on my Monday written analysis I draw attention to AudJpy that was on the verge of an upbreak above double bottom's neckline.
This, indeed, happened and this break is also confirmed at this...
Here is some potential for scalping buy trades on the AUDJPY if we get good pullbacks and the right entry signals on the lower timeframes i.e. on 5 minute or 15 minute charts.
Hello traders!
‼️ This is my analysis on AUDJPY .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect bearish price action from here, as price filled the imbalance and rejected from bearish orderblock.
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After a touch of support in the first trading day of the year, AudJpy strongly reversed with a daily rise of around 300 pips (3%).
This rise stopped in 91 horizontal resistance and the pair started to consolidate gains.
A double bottom pattern could play out soon and this could lead to a break of the descending trend line.
In such an instance the pair could rise...
I came up with this idea because on 4H chart there is a pattern to be completed
My idea is that AUDJPY will hit at least 0.9200 .As a second target i will set 0.9250 and as a third target 0.9310.
! I will risk 0.33% for each trade , we aware risk on your own !
Hello traders!
‼️ This is my analysis on AUDJPY .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish orderblock.
Like, comment and subscribe to be in touch with my content!
For this particular forex pair, I've noticed it broke above supply zone and if price re-tests and continues above then it's most likely to continue a correction from the left liquidity.
-Price will continue previous week bullish trend but wait for price to react to area of entry, please make sure that you use correct risk management.
-Remember trading against the trend may not be suitable for everyone, so if you have any doubt than do not take this setup and wait for price to change its character
AUDJPY is at very strong support area.
And here we have a good opportunity to buy with small risk and good reward.
If market hold support area then buy till resistance line.
Please trade safe.
Must use stop loss
