AUDJPY bearish divergence... strong resistance on 4H chart.. Rainfall expected.. Please hit "LIKE" to support.. Vinny
AUDJPY simple price action analysis. AUDJPY is currently moving sideways, very bearish hourly, 4H and daily chart. Let's make some pips.. Please hit "LIKE" to support! vinny
AUDJPY is testing major resistance and looks poised to drop strongly! Sell below 83.35. Stop loss at 84.02. Take profit at 82.25. Reason for the trading strategy (technically): Price is testing major resistance at 83.35 (Fibonacci extension, Fibonacci retracement, horizontal overlap resistance, bearish divergence, descending resistance) and a strong reaction from...
It seems AUD/JPY Breakout the Bullish trend also it goes below 100 SMA . Now it's good time to sell price until it's nearby support@ 81.526
AUDJPY has broken key resistance levels triggering a bullish exit from here. Good opportunity to start buying. Buy above 81.46. Stop loss at 80.94. Take profit at 82.49. Reason for the trading strategy (technically): Price has broken out of key descending and horizontal resistance triggering a rally above 81.46 support (Fibonacci retracement, horizontal...
AUDUSD touched our buy entry and bounced perfectly, we will remain bullish for a further rise. Buy above 81.47. Stop loss at 80.75. Take profit at 83.31. Reason for the trading strategy (technically): Price touched our buying entry and bounced absolutely perfectly as expected. We remain bullish above 81.47 support (Fibonacci extension, major horizontal swing...
AUDJPY has reached our profit target and is poised for a bounce. Buy above 81.47. Stop loss at 80.75. Take profit at 83.31. Reason for the trading strategy (technically): Price has dropped perfectly from our selling area and has reached our profit target. We prepare to buy above 81.47 support (Fibonacci extension, major horizontal swing low support) for a bounce...
AUDJPY has broke our intermediate support but still has to break a big support level to open a bearish move. Sell below 83.30. Stop loss at 84.06. Take profit at 81.58. Reason for the trading strategy (technically): Price has made a bearish exit of our ascending support-turned-resistance line and still has one major resistance to break to open a big bearish...
Short term sell for AUDJPY once a clean breakout of the trendline. Keep it simple. Cheers :)
AUDJPY is seeing multiple strong resistances giving us a good opportunity to sell. Sell below 83.30. Stop loss at 84.27. Take profit at 81.58. Reason for the trading strategy (technically): Price is testing major resistance at 83.30 (Multiple Fibonacci retracement, horizontal overlap resistance, descending resistance) and a strong reaction could occur at this...
AUDJPY is approaching strong resistance at 83.31 (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) and a strong reaction could occur at this level to push price down to major support at 81.56 (Fibonacci extension, horizontal swing low support). We do have to be cautious about our intermediate support at 82.12 (Fibonacci retracement,...
Buy above 84.57. Stop loss at 83.63. Take profit at 86.58. Reason for the trading strategy (technically): Price is now testing major support at 84.57 (Multiple Fibonacci retracement, horizontal swing low support, Fibonacci extension, Elliott wave structure) and a strong bounce could occur at this level to push price up to at least 86.58 resistance (Fibonacci...
FX:AUDJPY Another rising wedge spotted in another AUD pair. Price behaviors noted: 1) respected the upper limit of the rising wedge with minimally 3 decent touches 2) respect for the lower limit apparent as well, taking into account prices since mid-2016 till date (beg-2018) 3) since mid-2017, a horizontal resistance took over the rising upper limit of the...
Buy above 84.57. Stop loss at 83.63. Take profit at 86.58. Reason for the trading strategy (technically): Price is now testing major support at 84.57 (Fibonacci retracement, Fibonacci extension, Impulsive Elliott wave structure) and we expect a bounce from here to push price up to at least 86.58 resistance (50% Fibonacci retracement, horizontal overlap...
Here is the chart shows AUD/JPY Retrace back to their bearish positions. Now this is the right chance to sell until price @85.026
Sell below 88.41. Stop loss at 88.76. Take profit at 87.49. Reason for the trading strategy (technically): Price is approaching major resistance at 88.41 (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) and we expect a strong reaction off this level to push price down towards 87.49 support (Fibonacci extension, horizontal swing low...
Sell below 88.18. Stop loss at 88.41. Take profit at 87.73. Reason for the trading strategy (technically): Price dropped from our selling area perfectly and reached our profit target once again. We now see price testing our intermediate descending resistance line and we look to sell below resistance at 88.18 (Fibonacci retracement, descending resistance,...