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Hi all traders, trade idea for AJ. typical easy trade for audjpy! Happy trading pips! Cheers! Follow me on tradingview for more trade calls for you to grow your account for FREE!!!! =)
Hi all traders, For this pair, im watching it closely for this retracement. If it touches this trend line and bounce off, we should be getting a strong downwards move for this pair.. Cheers!
Hi all traders. For now, its an uptrend especially with the break out of the ascending triangle. But be careful of any fakeout out of the trend line then continue strongly upwards especially on tues AUD cash rate news. IF trend line is not broken, then we should expect continuation upwards Cheers!
FULL BREAK DOWN FROM MONLY / WEEKLY / DAILY TITLE/(DATE)- AUD/JPY (8/24) ASSET- Forex PLATFORM- MT4 ORDER TYPE- SELL LIMIT Time Frame- 1w ENTRY PRICE 1- 76.400 (pending) ENTRY 2- 76.700 (pending) STOP LOSS- 77.000 (60 PIPS) TAKE PROFIT 1- 75.800 (60 PIPS) TAKE PROFIT 2- 75.200 (120 PIPS) TAKE PROFIT 3- 74.600 (180 PIPS) TAKE PROFIT 4- 74.000 (240 PIPS) STATUS: Pending
AUDJPY - See a pennant structure forming here. Will be waiting for a breakout of this pattern before entering a position. Currently near a strong hourly, and 4 hourly resistance level as well, so if we break upside, and break above the resistance we can look to add more positions.
AUD/JPY is currently retesting 0.5 Fib, which is acting as a strong Resistance zone. If we broke the uptrend, we would be looking for some nice short trade by market.
AUD/JPY got bullish after this beautiful correction. Right now, I expect strong Bullrun for all JPY quotes. But AUD/JPY should be one of more aggressive ones.
Price has now reached a key level of support, once broken it will be a sell to the green area We can see in this chart price has tested this area several times last week before bouncing off, i believe we can get a few more short buys in before it starts to fall ALWAYS wait for confirmation before jumping in! AUDJPY - SELL SL - 74.427 TP - 71.418
This pair is looking really good for a short set up, if you look on the weekly time frame you'll see that there was a strong bearish retracement candle. Will be looking for a flag structure on this pair for the downside or the possible retest of resistance if it gets there correctively for the downside move. Will definitely be monitoring this closely this week...
Going to try and take this down for some pips if there's a strong push that way.
AUDJPY has reached the critical zone of resistance around 76 - 76.50 and has developed the bearish divergence. It gives us the short term opportunity to sell once the support from the most recent up trendline and horizontal level around 75.95 is broken. We can set the sell target around 74.50 which is the next support. The invalidation of this sell trade would...
BUY @70.442 STOP LOSS @1.86651 TAKE PROFIT @70.917 TRAIL @70.326
After we get the next completed H4 bar, we'll know if it has a chance to continue down, follow thru of strength.
AUD/JPY is impulsing to the upside. It broke the pullback trendline and right now I do expect further bullish continuation.
This one is looking like a strong break up, tighter stop on the 15 minute.
AUDJPY recap of last week's trade and weekly analysis for the upcoming week starting today May 24, 2020 to May 29,2020.