Hello, today I present you a pair of AUDJPY. This week and the next few days I will be taking short. It is a good place to get in. Good luck.
After the high made on the 20th of March started to correct, this correction continued into May and on the 17th of May, we have a bottom and reversal. Yesterday the pair has broken above an important confluence resistance and at this point, we can consider that the pair is resuming its long-term uptrend. 91 zone should provide support now and in this zone, traders...
AUDJPY is moving in the Descending channel and the Market has reached the Lower high area of the channel. Also there is a breakout on the upper trend line on the H4. we expecting the pair to retest the key levels listed on the chart. We taking this trade based on technical analysis and price action. (1) DO NOT ENTER ANY TRADE BEFORE THE ENTRY LEVEL (2) USE YOUR...
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
The market of AUDJPY has breakout its descending trend line and giving us an opportunity to buy it. I believe it will rise more.
Not a Full Set up or anything, I stopped setting Limits on POI/S&D Zones months ago. I won't actually look for set ups unless my Demand zones get tapped (RED BOX). Then I'll wait for lower TF buy signals to enter trade positions. Safe Trading !
Hey, New to Elliot Wave Theory so hoping I've got this correct, still trying to get my head round it. Any advice would be appreciated. Price just broke out of the contracting triangle at the end of sub wave 4 of wave 3. So I'm expecting a price to rise to complete sub wave 5 of wave 3 before having a deeper correction for Wave 4. I've opened a long trade based...
- Seasonally AUDJPY should be mildly bullish - Looking for AUDJPY to make a 2nd measured move up (AB = CD) - Reaching for 92.50 psych level = Bearish Gap = Bearish Breaker
I made a setup for this trade last night, however I didn't place it as I had a comfortable profit of about 2% for the day and was going away from my desk, annoyed I didnt place it, however its still nice to see your analysis being correct! Very nice trade, not dipping into the L area and just tipping over the TP before reversing.
AUDJPY Intraday - We look to Buy at 89.25 (stop at 88.35) Intraday signals are mildly bullish. There is scope of limited selling at the open. Support at 89.00 should stem any dips in that zone. Dip buying offers good risk/reward returns on an intraday basis. Risk/Reward would be poor to call a buy from current levels. Our profit targets will be 91.25 and...
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a AUD/JPY Buy. Enjoy the day all. Cheers. Jim
AUDJPY is forming a contracting triangle. Price had completed the (D) wave, and I have given the short-term selling targets of wave (E) of wave ((4)). In my previous article, I have mentioned that "Wave (E) can complete between 0.618 to 0.786% Fibonacci levels. That's why a trader can expect the following targets for wave (E) 83.44-82.50-81.03 as targets...
The previous analyzes were not on the spot, but I am sure it will be different this time. I present to you today a pair of AUDJPY.
First time trying this kind of trade in terms of the type of chart patterns, I have a TP at .780, if hits I will make other position risk free. I may look to open a short once hits final TP.
Hello traders At the previous week's low, a bullish Order Block has been created which has led to the creation of a breaker block. After the price rallied up high it retested the breaker block and created a bullish order block within it. I look forward to see the price rally higher to take out the liquidity on the upside.
AUDJPY Intraday - We look to Buy a break of 91.00 (stop at 90.10) Previous support located at 90.00. Previous resistance located at 91.00. Price action looks to be forming a bottom. A move through 91.00 will confirm the bullish momentum. Our profit targets will be 93.00 and 93.25 Resistance: 91.00 / 91.50 / 93.00 Support: 90.00 / 89.75 / 89.50 Please...