I have the AJ in a possible falling wedge. I also have it in a sideways box on the longer timeframe. Due to this I am looking for the pair to break the wedge before targeting the above fibs. I was able to ride this pair down. I am now looking for a climb back up. However, if it breaks the 76.00 and keeps going, I will be looking for a short to the 74.55 area.
AudJpy has almost completed the harmonic pattern. Take a long position from the blue zone Thanks. P.S : Hit Like Button to Support my post thanks
COmplete the Wave B at the rejection of weekly support. Look for LONG Opportunity for Wave C
We look for a retest of previous Support. A rejection candle at this zone signifies a LONG ride up to 84.585 from which zone we might have either wave 2 or a further journey to 61.8%. Check lower TF analysis for other enteries
A break above the resistance and retrace is maybe ready for move up. Watching 60m for entry
buying opportunity. retracing to the 50% fib. going back up and continuing it's bullish trend. Very bullish on 4 hr and day chart. Expected to hit 79.037 and beyond. Possibly consolidation around the blue shaded area.
tried publishing sooner but it didnt show up for some reason. buy entry was earlier around the break of the line.
FX:AUDJPY Safe Trades
I'm not sure whether this pair will be actively traded by peers during US session, so a breakout near end of US session will be so good or we can expect ranging even after the breakout in AUDJPY. Happy Trading !
Hello Traders I just found AudJpy forming a Gartley Pattern. Take long position from Blue zone after watching a price action thanks.
FX_IDC:AUDJPY Safe Trades;