Weekly chart is respecting the bullish weekly fair value gap.
DOL is the weekly swing high.
We are seeing H4 bearish levels get disrespected today. I'd like to see these levels get retested and respected as bullish arrays to then look for m15 bullish displacement entries.
The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...
Hellooo...My Dragon Friends
i see AUDJPY have triangle...
wait until break that one the other from the line...
we can make buy and sell
Lets See
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Money Management
Risk Management
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Hellooo...My Dragon Friends
I see AUDPY break trendline Up, may be see some retest.
and going down again, make new trendline, downtrend.
Lets See
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Smart Trading
Money Management
Risk Management
Disclaimer On
Hellooo...My Dragon Friends
I see AUDJPY move slightly uptrend follow the trend line.
Lets See
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Smart Trading
Money Management
Risk Management
Disclaimer On
hellooo...My Dragon Friends
my prediction for this week, still follow the trend line, will goind down.
break orange line we must sell it.
Lets See
Happy Trading
Smart Trading
Money Management
Risk Management
Disclaimer ON
Hellooo... My Dragon Friends
before this post, my projection if break the green line, market will going down and already HIT the target (enjoy the profit).
so for this week, market still follow the trendline dan I was draw if coming become to uptrend, need to break the uptrend line.
so lets see
Happy Trading
Smart Trading
Money Management
Risk Management
Disclaimer On
AUD/JPY is selling because previously it was on the resistance trendline line zone . From a weekly timeframe we can see the overall price selling After the pullback . What do you see ? Comment down below.
This setup maybe will reach the Stop Loss because it's just 10 pips 🤕. But if I'm right, aftertouch the sell limit set up, the pricing will be moving up quickly. Let's see 🤓
We see price action consolidating into a falling wedge pattern, which is also a reversal patter. Price is at a crucial zone because it is at a major support zone and also at the bottom of the wedge. Therefore, we are predicting a reversal from this zone.
Sell below 86.72. Stop loss at 85.98. Take profit at 87.10.
Reason for the trading strategy (technically):
Price has reached our profit target perfectly from yesterday. We prepare to turn bearish below 86.72 resistance (Fibonacci extension, horizontal swing high resistance) for a push down to 85.89 support (Fibonacci retracement, horizontal overlap...
Buy above 85.34. Stop loss at 84.97. Take profit at 86.08.
Reason for the trading strategy (technically):
Price is bouncing nicely above our buying level from yesterday. We remain bullish above 85.34 support (Fibonacci projection, horizontal support) for a push up to at least 86.08 (Fibonacci retracement, horizontal pullback resistance).
Stochastic (21,5,3) is...
