Hello traders , Our goal in this analysis is to give you an overview of the future of symbolism. In this analysis, wave a in larger timeframes is completed as 5 waves, and this ascending wave is related to wave a from wave b in higher timeframes. Based on the investigations done in the smaller time frames, we think that wave a will end from this point or finally...
AJ on the weekly timeframe, according to Marketmilk, shows that the AUD is in the red, while JPY is in the green. Here is a potential sell setup based on the highest timeframe, such as the daily timeframe. If you see something different in this market, feel free to comment below.
Hello traders , Our goal in this analysis is to give you an overview of the future of symbolism. This analysis is prepared in daily timeframe but has been published for better view in 2 days timeframe. In this analysis, we examined the a wave in the weekly time frame. Based on this wave count, waves 1, 2 and 3 are complete and now we are inside wave 4. In wave 4,...
AJ on the daily timeframe is showing a confirmed downtrend, resulting in this trade setup. If you believe that there is a better setup, please let me know.
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Hello traders , Our goal in this analysis is to give you an overview of the future of symbolism. In this analysis, wave a is completed in higher timeframes and we are now inside wave b. This uptrend is a 5-wave movement for wave (a) of b, and the price ends from this point or finally Fibo 0.618 to form wave-5. After the completion of wave a, we identified 3 price...
Hello traders , Our goal in this analysis is to give you an overview of the future of symbolism. In this analysis, we examined wave a in the weekly time frame. Based on the wave count we did in this time frame, waves 1, 2, 3 and 4 are fully forming and now the microwaves of wave 5 are forming. In this wave, waves 1, 2, 3 and 4 are complete and wave 5 is being...
Hello traders , Our goal in this analysis is to give you an overview of the future of symbolism. In this analysis, we examined wave a in the weekly timeframe analysis. According to the wave count we did, waves 1, 2 and 3 are complete and now we are inside wave 4. In wave 4, wave a is formed as 5 waves, so we expect wave 4 to be completed in a zigzag pattern. Wave...
Hello traders , Our goal in this analysis is to give you an overview of the future of symbolism. In this analysis, we examined wave a in the weekly timeframe analysis. According to the wave count we did, waves 1, 2 and 3 are complete and now we are inside wave 4. In wave 4, wave a is formed as 5 waves, so we expect wave 4 to be completed in a zigzag pattern. Wave...
Possible set up this week on AUDJPY Price currently testing our H4 support. Could see some bullish movement towards end of the week, if price respects our current levels. Please follow, like and share.
Audjpy (according to Babypips Marketmilk) has been on a strong sell market. Bears have been pushing the pair down since Friday. MA's crossed over, confirming the downtrend. If you'd like to ride this market's current short, use proper risk management. dld
Hello traders, Symbol AUDJPY ,This analysis has been prepared in a weekly time frame but has been published for a better view in a 2 week time frame. as you can see in the chart, has a side mode price, and we did this counting based on complex waves. In this chart, first a zigzag is connected to a flat by an X-wave , and the last wave of this flat ( c-wave ) is...
Hello traders, Symbol AUDJPY, as you can see in the chart, has a side mode price, and we did this counting based on complex waves. In this chart, first a zigzag is connected to a flat by an X-wave, and the last wave of this flat (c-wave) is completed in the form of a channel. With the price coming out of the purple channel, we came to the conclusion that the felt...
We have this pair rejecting its previous support which has now turned to a resistance level on H4. We see price closing up tightly and squeezing in, trying to find a breakout somewhere and move with momentum. It would be nice see to a break above the level and a pullback to lock us in for longs. Targets would be a new high along the trend.
Price seems to be continuing to replicate its previous bullish trend structure. I will continue to hold. I am anticipating that price will break out bearish from the current correction phase. If you can take a look at the up trend structure, price formed a correction around the same price zone. *Disclaimer* This is not financial advice. Forex trading is a risky...
We are expecting AUDJPY further sell pressure from the current market price. The new Covid variant is spreading its massive infection once again, and Australia reported they are facing a mass number of affected people and break the record 2020.
Short AUDJPY. Previous candle on the daily time frame closed as a bearish engulfing to the other. Overall is a downtrend. Also price currently is below my moving averages(10,20,40).Trade with good risk management if you are going to take this trade!