Price seems to be continuing to replicate its previous bullish trend structure. I will continue to hold. I am anticipating that price will break out bearish from the current correction phase. If you can take a look at the up trend structure, price formed a correction around the same price zone. *Disclaimer* This is not financial advice. Forex trading is a risky...
Hello Traders Welcome back to another profit day If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you...
The giveaway is now starting. It's time to WIN a $100 Trading Account! All about to do 5 things... 1. Predict The #AUDJPY Next Movement 2. Share any one of the social platforms Facebook, Twitter, Linkedin or Instagram. 3. Comment your prediction 4. Share the post on your News Feed 5. Tag your best 10 friends who love trading so far. Wining a $100 trading account...
After a first leg down of 150 pips, AudJpy has recovered and now is trading again above 80 important figure. The rise from 79.50 is in a rising wedge though, indicating a lack of impulse. A break under the support line of this wedge could be a confirmation of a new leg down and such a trade can have a great 1:4 risk: reward ratio.
This is AUDJPY 4H timeframe analysis, i'm expecting a sell on it before it'll buy.
AUDJPY DAILY CHART. If you found my analysis useful, you can support it with your likes and comments.
We are expecting this pair to give us correction next week and then sell setup after, if we wont get a setup we will keep moving our stops in profit and wont add any more trades. Now, after experimenting all the technical analysis techniques over the past 8+ years, i.e. Dow theory, Elliott wave theory, Advanced patterns, Harmonic patterns , Support & Resistance ,...
Like it says...
... you know what to do?! (...just follow the arrows.)
LONG AUDJPY WITH PROPER RISK MAMNGEMENT THANKS.
*RISING WEDGE PATTERN DAILY TIME FRAME* Second chance short entry after retesting the harmonic resistance zone. Will be waiting for a confirmation in daily time frame and lower time frame after it touches the harmonic resistance zone.
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.