PERFECT GARTLY FORMING ON H1 CHART. prevous signal UK100 hit tp...
AUDJPY Bearish Gartley on H4!
Price is in a strong downtrend in higher periods, found a resistance area along with a downtrend line, leaving us a strong bearish pin-bar. Price broke the consolidation at lower time-frames to the down side, came back to the retest, and is now, possibly, starting a new fall. I`m going short after the price loses the lowest price of the last 4h candle.
Right now the pair is in some consolidation but I expect it to go down to 81.28 level which is kind of a support region. AUDJPY SELL. Keep it simple. Cheers :)
SIGNAL: LONG issued on 09/18/18. TARGETS: Dashed gold lines with 1st @84.630 for an approximate 295 pips. STOP: 78.675 Fib Extensions: 1 - 2.618 (Solid Blue lines) Signal Strength: Weak. Watch for correction.
AUDJPY 2618 Trade Wait for price pull back to 80.35 - 80.42 are and short This will be a 0.618 pull back
FX:AUDJPY On H4 chart price bounced resistance area. Sell signal: bearish engulfing. Looking to going down. Selling is now good option.
Open order with %2 Risk Management Close Half at TP1, Stop to BreakEven Close all at TP2. Keep it simple. Cheers :)
Seeing these two highs at the same level on the AUDJPY tends to attract speculation about whether or not this is a double top pattern. But no matter how you look at it, the fact is we don’t have enough information to make that call one way or the other. What we can do is stay patient and use price action to signal what’s likely to happen next. If this does unfold...
Possible short opportunity after a successful close under our white line in 4hr TF.
Hi Seildev here Area of interest to short around 85.05~85.21 - Almost reaching topside resistance channel since 1st/May - Possible double top? 2nd/May and 15th/May shows double top down to 260 pips gains - 85.00 psychological number - 85.00 respected support and resistance historically - 61.8% fib approaching for potential reversal Target 1 @ 83.857 Target 2...
Sell below 84.70. Stop loss at 85.71. Take profit at 83.90. Reason for the trading strategy (technically): Price has dropped perfectly from our selling area and is fast approaching our profit target. We remain bearish below 84.70 resistance (Fibonacci retracement, horizontal overlap resistance) for a further push down to at least 83.90 support (Fibonacci...
Last time, the AUD/JPY trade did not qualify. But it's better to be in the sideline rather than loosing right? This time, the trade is already qualified . We can enter now. Confluence of Support: # Equidistant Channel Support. # Multiple Bullish Harmonic Pattern Support. # Pitchfork Support. Confirmations for Entry: # MACD Regular Bullish Divergence. #...
Buy above 82.94. Stop loss at 82.54. Take profit at 83.66. Reason for the trading strategy (technically): Price has shot up and reached our profit target perfectly from yesterday. We remain bullish looking to buy above 82.94 major support (Fibonacci retracement, Fibonacci extension, horizontal swing low support, ascending support line) for a push up to at least...
Sell below 83.48. Stop loss at 83.93. Take profit at 82.80. Reason for the trading strategy (technically): We prepare to sell on major resistance at 83.48 (Fibonacci retracement, Fibonacci extension) and expect a strong reaction from that level to drive price down to at least 82.80 support (Fibonacci retracement, horizontal overlap support). Stochastic (34,5,3)...
Sell below 82.94. Stop loss at 83.22. Take profit at 81.92. Reason for the trading strategy (technically): Price has bounced off our buy entry perfectly yesterday and has risen strongly towards our profit target. We prepare to sell below major resistance at 82.94 (Fibonacci retracement, horizontal resistance) for a push down to 81.92 support (Fibonacci...
*pun intended* With the continuing decline of the Aussie despite the higher ups of commodities, the pair has been struggling to push to the upside against a safe-haven currency. The same is occurring with AUDCHF considering that the Swiss Franc is also a safe-haven currency. Last trading session, the AUDJPY pair formed an inside pin bar which may suggest a...