Hello traders ,AUDJPY in daily timeframe ,The wave count for this currency pair indicates the formation of waves 1, 2, and 3, and possibly wave 4. And now we are in wave 5. The form of wave 5 is the leading triangle and from this triangle we are inside wave 4, we assume that wave four to Fibonacci 0.88 will be corrected compared to wave 3. And in this fibo, the...
For more detailed daily analysis, don't forget to click the follow button! Here we have our AUDJPY chart. After the current market sentiment, we have seen a large drop on this pair. We are now in a great position to go long for an upmove back towards Key MA's Price direction is shown by the price arrow.
Currently seeing daily 3HR & 4HR being respected. Will closely monitor to see if any BOS in higher tf. Anticipating accumulation for now, then when BOS happened, will look for OB again for long opportunity. Good RRR, trade from OB to OB. Patience! Patience! Patience!
On the H2 time frame, we are seeing bearish order flow and a pullback to test its resistance zone at 83.97, in line with the 78.6% fibonacci retracement presents an opportunity to play the drop. RSI is also showing further upside before prices entered the overbought region and Ichimoku is showing signs of bearish pressure, in line with our bearish bias. That said,...
H4 time frame. Structure: Uptrend. Currently, AUDJPY is forming a divergence at the price area of 82,000 - the 50% Fibonacci zone of the previous WXY up wave. Here, wait for the price to break the Key level at 84,000 and complete the bullish reversal pattern, then you can find buying opportunities. The profit target is the 87,500 price...
AUDJPY Long from the daily fib retracement. I will be getting another entry once it brakes and retests the 4HR trend line highlighted in bright grey. ill have my stop just under the daily trend line highlighted in yellow. Take profit one is the pervious major highs on the daily. ill scale out from that point on.
In this update we review a high probability trading pattern to take advantage of
Audjpy long +entry point. Elliotwave Wychoff Supplyanddemand
AUDJPY LONG - Buy Entry - H4 Chart Symbol: AUDJPY Timeframe: H4 Type: BUY Entry Price: Buy @ Market Stop Loss: 82.685 Take Profit: 84.211 🔺 DISCLAIMER 🔺 For educational informational purposes only. 🔺 Analysis may change at any time without notice. 🔺 You must research and create your own trading plan.
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied. Dear Traders, If you like this idea, do not forget to...
Hi everyone this is my trade set up for the AUD/JPY for the new week ahead AUD/JPY i am expecting a pullback to the order block zones and will be looking for a BUY trade look for pullback to zones lined off on chart then if it meets your criteria for a trade then execute This is my analysis only please trade with caution and risk management in place good luck for...
bullish price action, expected support hold, trend continuation, healthy pullbacks
From a weekly point high to low, the retracement to 0.236 was completed. with the previous wave failing to make up to 100 Fibonacci extensions, ruling out a possibility of a Wave 3 weekly and to a Running ZIGZAG. 4hour timeframe forming wave 1 daily.
Due to the positive divergence in 4 hours and the break of the trend line, I predict the price to move 38 to 50% So the price of this time frame is higher up to the set levels
Elliott wave analysis shows me that wave 2 is extended , price is not done with bullish bias Remember to like and follow. more followers, more publishing
AUD has been belted lower since the RBA went to lengths to slow down the market pricing in rate hikes. AUD/JPY has fallen alot less than AUD/USD because of USD/JPY rally since the US inflation numbers on Wednesday restarted the inflation debate. AUD/JPY is just above the 200 DMA at Y82.80 and we are looking for at least a technical bounce to Y84 but if next...