We can see that AUDJPY has consolidated on thr previous 10 candles on our H1 and has failed to break from the structure. Our pair has tested the FVG already and has been consolidating in our Order Block. Now we see a bullish being created and we are expecting about 72 pips profits. Follow me for more analysis
Hello traders! ‼️ This is my perspective on AUDJPY. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long position. I expect continuation of bullish price action as price rejected from bullish order block + FIBO 0.618 level. My target is imbalance higher. Fundamental news: This week on Wednesday we have...
Expecting price to continue the sell movement to 74.740 support zone
MARKET PHASE OANDA:AUDJPY is in a long term downtrend (daily) with a short term corrective structure that has been taking place (4 hour). AREA OF VALUE Price continued to break new highs within this corrective structure. Eventually, price reached an area where sellers stepped in, resulting in a buildup of liquidity (buy stops, longs, short stop losses) above...
Embarking on an analytical deep dive into AUDJPY with Elliot Wave theory guiding my path, I've unveiled an intriguing SHORT opportunity that beckons with clarity and conviction. Through the lens of Elliot Wave analysis, I've charted the recent price movements of AUDJPY, identifying a completed impulsive wave sequence followed by the initial stages of a corrective...
Hello traders! ‼️ This is my perspective on AUDJPY. Technical analysis: Here I expect bearish price action as price almost filled the imbalance and rejected from bearish order block + institutional big figure 98.000. My target is the imbalance lower. Fundamental news: Tomorrow we have news with high impact on AUD and JPY, we will see results of Interest Rate, so...
I got this chart like it is going to complete a wadge pattern probably. now I can say it's a valid pattern in terms of a minimum 4 touches...but of course, it is not the complete confirmation you have to wait for less momentum if you see that pattern which can give a sell signal. then you have to wait for a valid breakout. Reminder:- keep in mind that no matter...
As we can see the market is in down trend so we are taking advantage of it , with a continuation tools that is fib retracement
Hello Traders! This is my idea related to AUDJPY M30. At the moment, the AJ reacted from the FIB level, and most probably, it will retrace till the price of 96.900. I will look for a short entry in case of confirmation. Traders, if my proposal resonates with you or if you hold a divergent viewpoint regarding this trade, feel free to share your thoughts in the...
This is a with the trend and here is why we are selling. Trend: W1: Down D1: Down H4: Down Moving Average: Within the Daily MA Within the H4 MA Pattern: Deep Crab on m30 Strong resistance at 97.50 to 97.70 M15 has a double top and divergence.
Short outlook for the next week Looking for the pullback and short trade safe
Maintaining a sell bias on AUDJPY based on the presence of a well-defined sell structure. On the 1-hour timeframe (1HTF) shows the bearish bias is further supported by a potential continuation pattern in the form of an ascending wedge, with price currently testing resistance. Be aware that today's high-impact Non-Farm Payroll (NFP) data release could cause price...
Daily chart has seen AUDJPY respecting premium daily levels (rejecting from Daily SIBI). The idea of this trade is that price has traded up into the daily imbalance, and rejected from it, so I now expect price to seek external range liquidity in the form of old lows on the daily chart. I want to see bullish arrays get disrespected and bearish arrays respected to...
We expect further downside on this pair, signalled by a double-top pattern breakout formation. We can also see the breakout of a short-term trendline supporting our directional basis.
Hello Traders In This Chart AUDJPY HOURLY Forex Forecast By FOREX PLANET today AUDJPY analysis 👆 🟢This Chart includes_ (AUDJPY market update) 🟢What is The Next Opportunity on AUDJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
In AUD/JPY's daily timeframe, a bearish trend appears evident, characterized by a bearish reversal rising wedge pattern formation. Additionally, the completion of Elliott's 5th wave suggests a potential downward movement, typically followed by an ABC correction pattern. This confluence of technical indicators signals a probable continuation of the bearish...
AUDJPY has shown strong performance since early February 2024, experiencing a significant rally from the level of 95.640 to reaching today's high at 99.024. However, this movement has brought the currency pair into the territory of the highest supply level. With this condition, there is potential for AUDJPY to undergo a temporary correction. Technical Analysis:...
AUDJPY script shows strong bearish biased based on (1) Double Top, (2) 1h & 4H Divergence, (3) Daily Strong Resistance and (4) >90% short sentiment (MyfxBook). Trade plan shows a sell stop at previous HL, Stop loss @ HH and TP1 and TP2 at 1:1 and 1:2 based on fib 50% What do you think guys, will it work?