The price touched a support area and now it goes up what do you think??
Hello Guys, As per my analysis, duo to SK system the price have reverted to the golden zone and then going up to the last highest prices, this price have been retested as well. Buy AUD/JPY @ 97.7 TP 1: 97.89 TP 2: 98.12 TP 3: 98.32 SL: 97.2 Follow me if you like my analysis.
AUD/JPY is showing a strong bullish momentum and could make a continuation towards our take-profit target. Entry: 97.692 Why we like it: There is a strong bullish momentum Stop Loss: 97.237 Why we like it: There is a pullback support level Take Profit: 98.132 Why we like it: There is a pullback resistance that aligns close to the 61.8% Fibonacci retracement...
The price perfectly fulfills my last idea. The market moved upward and hit the target. FX:AUDJPY fell from resistance, tested the support level, and bounced off it. Currently, the market is in a downward channel, and I think it will break it and go up because the main trend is bullish. It got back to above the 97.500 level after taking liquidity below. I expect...
As we can see the market is in down trend so we are taking advantage of it , with a continuation tools that is fib retracement
Hello Traders! This is my idea related to AUDJPY M30. At the moment, the AJ reacted from the FIB level, and most probably, it will retrace till the price of 96.900. I will look for a short entry in case of confirmation. Traders, if my proposal resonates with you or if you hold a divergent viewpoint regarding this trade, feel free to share your thoughts in the...
Hello,Traders! AUD-JPY is trading along The rising support from Where we are already seeing A bullish rebound and I think That the pair will go further up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Price rejected off daily resistance and 4hr bearish engulfing closed below 4hr resistance zone, expecting this to be a lower high for price to continue bearish toward monthly ema and ascending trend line.
# - H1 📣 Upon analyzing the 1-hour timeframe, with the break of the turning point zone around 97.69, there is an expectation for the price to rise towards the range of 98.20. ⛔ Stop loss: 97.25 On the other hand, with the break of the 97.25 range, one might anticipate a price decline towards the range of 96.80. ⛔ Stop loss: 97.69
Hello,Friends! AUD/JPY pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 6H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 97.574...
AUDJPY idea short position analysis 1hr Pair : AUDJPY Position : SHORT (SELL ) Entry1 : 97.650 STOP LOSS @ 97.850 TP 1 @ 97.450 TP 2@ 97.250 TP 3 @ open ( Trailing SL )
My dear followers, I analysed this chart on AUDJPY and concluded the following: The market is trading on 97.118 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 97.608 Safe Stop Loss - 96.835 About Used Indicators: A super-trend indicator is plotted on either above or...
AUD/JPY SHORT "break of structure + 72%fib retracement +supply area"
A possible entry at 98.119, the price is near a Round Number, there are Imbalance and OB, EMA and smaller time frame will confirm entry.
AUDJPY is in strong bullish trend. As the market is consistently printing new LLs and LHs. currently the market is retracing a bit after last LL, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new LL. What you guys think of this idea?
Following a careful examination of trend exhaustion and RSI levels, Uncle Jake provided thoughtful counsel and suggested considering various factors before making a Buy decision.