AUDJPY long swing trade setup based on trend reversal shaping up with higher lows, break to the upside and bullish momentum evident in the oscillators.
The pair is forming a harmonic bat pattern and our strategy is to trade the 4th leg of pattern and we are targeting the green zones. FX:AUDJPY
CYPHER FORM ON H1 ... OUR PREVIOUS SIGNAL XAUUSD HIT TP CHECK IT
After months of consolidation, AUDJPY broke out of the range last week and currently it's pulling back. I have indicated the resistance with an orange line. Right now price is retesting the line. Also,we have the 100D EMA around 79.30 which can support the price. If AUDJPY manages to bounce back up from this line, it would be good for traders to BUY between...
We have finally seen AUDJPY break out of a huge consolidation. I am waiting for AUDJPY to drop just a little further back into demand which is also where we have broke through our consolidation upside. I think we could see a nice long-term buy all the way up to around 82.000 . Very clean cut and dry analysis. There is not too much else to really look...
As part of USDJPY seasonality AUDJPY on the verge of being launched into orbit, you better get ready.
please see my thoughts on the chart FX:AUDJPY . this looks like a good entry point. please be careful and set your stop loss also.
Pending Long @ 83.70 Stop Loss @ 81.30 Target @ 90.00 RR Ratio @ 3.04 Trading involves substantial risk of loss. I'm just providing insight into what trades I'm taking.
Hi there, I have analyzed the AUDJPY on the daily and found three possible outcomes whereas all three point to the upside. Option 1 is that we are completing a regular flat and we are heading higher. Option 2 is that we are completing a regular flat on the bigger picture and we are moving higher. Option 3 is that we are moving much lower and then we will get the...
AUDJPY has started a new uptrend and I am looking to ride the trend from the retracement. Today I was able to ride the trend using my own modification of the U-Rider system which I learned from a friend who's into Stock Market Trading. Since it is clearly on an uptrend, I waited for the retracement around 38.2 Fibonacci level where the price also touched the 10...
Sell below 82.94. Stop loss at 83.22. Take profit at 81.92. Reason for the trading strategy (technically): Price has bounced off our buy entry perfectly yesterday and has risen strongly towards our profit target. We prepare to sell below major resistance at 82.94 (Fibonacci retracement, horizontal resistance) for a push down to 81.92 support (Fibonacci...
Buy above 81.90. Stop loss at 81.67. Take profit at 82.90. Reason for the trading strategy (technically): Price has dropped perfectly to our buying area and bounced off perfectly. We remain bullish above major support at 81.90 (Fibonacci extension, horizontal swing low support, bullish divergence) and we expect a strong bounce above this level to at least 82.90...
Buy above 81.90. Stop loss at 81.67. Take profit at 82.53. Reason for the trading strategy (technically): Price is approaching major support at 81.90 (Fibonacci extension, horizontal swing low support, bullish divergence) and we expect a strong bounce above this level to at least 82.53 resistance (Fibonacci retracement, horizontal overlap resistance). Stochastic...
Price bounced perfectly above our stop loss and is forming a strong bullish reversal. We remain bullish above major support at 82.59 (Fibonacci retracement, horizontal support, bullish divergence) and we expect a strong bounce above this level to at least 83.27 resistance (Fibonacci retracement, horizontal pullback resistance). Stochastic (89,5,3) is seeing...
Sell below 83.83. Stop loss at 84.23. Take profit at 83.21. Reason for the trading strategy (technically): Price has continued to drop towards our profit target really nicely. We remain bearish below 83.83 resistance (Fibonacci retracement, pullback resistance, horizontal overlap resistance) for a further drop towards 83.21 support (Fibonacci retracement,...
Sell below 84.23. Stop loss at 84.64. Take profit at 83.27. Reason for the trading strategy (technically): Price has reached our selling area and is dropping nicely. We now remain bearish below major resistance at 84.23 (Fibonacci retracement, Fibonacci extension, horizontal pullback resistance) and we expect price to react off this level and drop towards 83.27...