AUDJPY from a pure technical point of view is ready to retest the neck of the head and shoulder pattern formed on the weekly, once tested a push to the upside is expected.
My weekly chart gives an overview of PA for the last 4 years. The trend is clearly bullish now and 2 areas of support are marked. As many as 9 out of the preceding 10 weekly candles are bullish and we can expect a pullback. Recent price action can be seen in the daily chart – nicely moving in an ascending channel, now at the top of this channel. I expect a pull...
AUD - BULLISH 1️⃣ Prime Minister Scott Morrison said Thursday that the country's regulator is expected to approve the use of Pfizer's COVID-19 vaccine by the end of January, with the first doses issued within weeks. 2️⃣ The positive risk tone boosted the antipodeans. JPY - BEARISH 1️⃣ Prime Minister Yoshihide Suga declared a state of emergency in the Tokyo...
looks a good opportunity for audjpy for scalping for 38 pips ..
As we all know AUDJPY is on persistent uptrend, let's profit trend continuation moving up our SL accordingly as it continues its way up....
The Tidal Shift Strategy has just bought AUDJPY at 80.46. The system recommends entering this trade at any price between 80.273 and 80.647. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at -1.017, which suggests that the AUDJPY could be trending upwards.The 14-period Average...
The short position did not work completely. Now I think they will breakout level 79. There are a lot of prerequisites for a breakout. Do you agree? last opinion Push like if you think this is a useful idea! Before to trade my ideas make your own analysis. Write your comments and questions here! Thanks for your support!
price is in the up direction and we can see price has broken a recent resistance level and I just waiting for an engulfing confirmation to buy.
hi traders, on the lower timeframes, we can see price made a falling flag pattern (bullish indication). it has broken out and retested. I expect price to push to test previous highs
- Wick rejections indicate resistance has become support - High momentum bull candles indicate sell side pressure - Break and retest of key level - 1:4 RR
the overall trend is bullish which is very clear on daily and 4HT so only long position is acceptable. by considering trend line it is clear the price several time tried to breakout fore way resistance. long position is recommended only after retest the resistance level.
Hey tradomaniacs, welcome to a new free trading-setup. AUD/JPY: Day-Swingtrade-Execution Market-Buy-Order: 78,750 Stop-Loss: 77,950 Point-Of-Riskreduction: 79,580 Take-Profit: 80,230 Stop-Loss: 80 pips Risk: 0,5% - 1% Risk-Reward: 2,70 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more?...