Analyzing the provided details for the AUDJPY bearish trend trade: Trade Type: Sell Limit Entry Level: 98.548 Stop Loss: 98.763 Take Profit: 98.3330 Risk-to-Reward Ratio: 1:1 Here are a few observations: Entry Level (98.548): This is the level at which you intend to enter a sell limit order for the AUDJPY currency pair, anticipating a bearish move. Stop Loss...
AUD/JPY falls towards the 50-Day SMA (97.85) after failing to hold above the former resistance zone around the February high (99.06), but the exchange rate may track the positive slope in the moving average if it continues to hold above the March low (96.90). AUD/JPY Rate Outlook AUD/JPY is under pressure after registering a fresh yearly high (100.17) during...
AUDJPY chart is printing bearish trend. It would a good time to short it.
Hello traders! ‼️ This is my perspective on AUDJPY. Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long position. I wait price to continue the retracement to fulfill the imbalance lower and then to reject from bullish order block + trendline + institutional big figure 98.000. Like, comment and...
🔺AUDJPY is currently experiencing a slight downward trend. After hitting a horizontal support level last week, the market began a corrective movement in a bearish flag pattern. Today, the price has broken below its support and is expected to close below it. I predict that the pair may continue to decline towards the targets below.
AUDJPY - 24h expiry Price action has continued to trend strongly lower and has stalled at the previous support near 98.60. Price action looks to be forming a bottom. Momentum is flat, highlighting the lack of clear direction. Risk/Reward would be poor to call a buy from current levels. A move through 99.00 will confirm the bullish momentum. We look to Buy...
This is a continuation of my last trade on Aud/Jpy. Price have broken out of the trendline and is now closing in on it for a potential retest. Price also has the Ema 50 4H helping with confluence along with the overall high timeframe trend. I am waiting for a touch and confirmation on my idea. Tradeplan: Wait for touch. Wait for lower timeframe confluence. SL:...
Trends in trends, Breakout&retest of a falling wedge on top of a previous resistance turning into a support. taken from overall bullish weekly trend.
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 99.05, which is an overlap resistance that aligns with the 38.2% Fibo retracement. Our take profit will be at 98.21, a pullback support level. The stop loss will be placed at 99.87, which is a swing-high resistance level. High Risk Investment Warning Trading...
We expect that price will bounce back to the zone and sell. Boom
OANDA:AUDJPY 4H Time Frame Trade Idea for the Week 4/1/2024 TO 4/5/2024
Hello traders, as we take a look at AUDJPY we are in a strong bullish trend on the 4 hour timeframe. We have a liquidity sweep, and a strong low formed. We should look for potential buys around this demand zone. Good luck traders be sure to use proper risk management!
AUD-JPY - Ascending Triangle Bullish on this chart, a break and confirmation above this level, open the door for the next resistance.
AUDJPY Short time Great time for short pisition with good profit
Price is coming out of a premium p/d array after forming a evening doji star after sweeping above a previous swing high which is a grab of liquidity...
We had multiple false breaks on the higher and lower timeframes. Strong bear candles and following the trendlines.
AUDJPY buy at the HL point and sell at the point next HH the trend is bullish so enter the market at the right time and make profit