Let's get in here for a target of 1:1 and see if any future price action leads to more confirmation price will continue up.
As can be seen in the chart above, AUDJPY is following the trend line very well, and I expect the uptrend to continue in the near term. I feel it will test the next resistance level of 69.800, which is where I have kept my take-profit level. There may be some volatility in the pair because of the upcoming CPI news announcement for AUD, but nonetheless, I feel that...
We are entering with a sell stop at 68.386 and looking for at least a 40 pip move down. This move has better structure for a push down compared to a similar setup on the AUDCAD.
It's seen quite often when market makers manipulate breakouts. This is a great example of how big players accumulate volume.
Note: Idea is to complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Follow (...) Thank you and Happy trading.
Note: Idea is to complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Follow (...) Thank you and Happy trading.
Bias is Weak JPY Vs Strong AUD on 1Hr and 4hr. Idea is to complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Follow, and Support channel for future content. Thank you and happy trading.
Bias is Weak JPY Vs Strong(est) AUD (IKR/ No Kidding!) on various time-frames including Daily. Resultant: Buy/ Long! Idea is to complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Follow, and Support channel for future content. Thank you and happy trading.
Dates in the future with the greatest probability for a price high or price low
Bias is Short on pair, trading Weak AUD Vs Strong JPY on multiple time-frames. Note: Idea is to complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Follow, and Support channel for future content. Thank you and happy trading.
Thanks for Taking Interested in my Trading Idea. AUDJPY: CUP & HANDLE PATTERN. Dear followers, the best Gift for me is "will be your likes , comments & Share Note: This is only for Educational purposes; this is not investment advice. Thanks for your support!
Upside targets marked for potential Buy/ Long strategy. Not included here is trend line that could lag Long setup. Check comments section momentarily for any potential update/s to this trade-setup. Like the idea? Like, Share, Follow, and Support this channel for yet better content. Thank you and happy trading.
Hi guys, what a week ! Lots of movement in the market this week which is good to see, my bias for this pair is short (sell). I am looking for a spinning top or doji candle formation on the Daily time frame as another confluence to take this short and to allow the temporary bullish momentum to slow down. If this does form I will be scaling down to the 4hr and 1 hr...
Missed the entry now waiting for the pullback to complete and fill the order. Nice opportunity for a long.
FX:AUDJPY OANDA:AUDJPY OANDA:AUDJPY