Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
. There is still a possibility of temporary retracement to suggested resistance line (73.17). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. AUDJPY is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a...
75.228 - 75.483 Add to Watch List
Signal ID: 69151
Time Issued: Tuesday, 05 November 2019 09:00:16 GMT
Entry: 75.228 - 75.483
Stop Loss: 74.846
The Tidal Shift Strategy has just bought AUDJPY at 75.356. The system recommends entering this trade at any price between 75.228 and 75.483. The signal was issued because our Speculative Sentiment...
This is my Idea on USDJPY Im seeing a bullish break if we respect the .885 zone, if NOT we looking for a possible bearish break...All of this counting the right reversal patters (Feel free to leave a comment)
Hope this idea helps!
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We are long on AUDJPY. You can see that our 50MA has moved above our 200MA confirming upward momentum. Our entry long position is right on top of past resistance which usually always becomes new support. SL is set in case upward channel is broken.
Enjoy life, enjoy trading!
By Elliot theory we already had 3 up waves and 2 correction waves (magenta arrows) up moving. And now we are on the down moving (black arrows). And now are ready for last downside wave. Resistance level is blue rectangle. So probably i'll in on 103.00
TP1 - 102.400
TP2 - 101.750
TP3 - 100.570
If price will cross top green line, it will cancel this...
The trade: Long USD/CAD & Short USD/JPY.
A nice correlation trade is setting up between USD/CAD & USD/JPY. The spread in the correlation is currently 600 Pips, over the past year the max spread has been approximately 1,200 Pips.
We will be taking 1/4 our intended position size, if the spread continues to widen we will slowly add to our position. There is a...