This is a trend reversal strategy, which can also be used as a trend continuation strategy. we would be looking to long this pair as soon as it gets into that box below. I would shed more light on this as we advance, I8 would love to see your ideas too and know what you feel about this.
Hello,Friends! AUD/JPY pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 5H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is...
I am currently engaged in a long-term operation on the AUDJPY currency pair. This decision is based on a thorough market analysis, where I have identified the formation of a bullish harmonic pattern that has provided a buy signal. This harmonic pattern, characterized by a specific geometric structure, indicates a potential increase in the price of the AUDJPY...
I was monitoring AUDJPY from a while waiting to open this trade. Usually i don't like to open trades against the swap, but this setup look solid. It's a long term trade, i expect my target to be achieved during Q1-Q2 2024. The main trend is broken and on Daily and Weekly timeframe we can see a Bearish Divergence
Losing Trade: My journal trading only. Buy AudJpy. Lost 30 pips. Losing Trade: My journal trading only. Buy AudJpy. Lost 30 pips. Losing Trade: My journal trading only. Buy AudJpy. Lost 30 pips.
Consider selling AUDJPY based on historical seasonality trends and anticipated positive monetary policy by the 2024 Federal Reserve head. Monitor seasonal patterns, economic indicators, and central bank communications. Exercise caution, implement risk management, and seek professional advice as trading carries inherent risks.
For this pair. I am seeing a bearish market at 97.406 Tomorrow is a bank holiday at JPY . I am expecting a small price movement back to the zone. For the sells. In a case where price breaks above our expected zones. lets wait for Sells at 98.442
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
the weekly and daily narrative is bearish. i am expecting 3RR
We have a strong resistance line at 98.641 (52-week high) and a good risk:reward ratio for sellers.
My dear subscribers, My technical analysis for AUDJPY is below: The price is coiling around a solid key level - 96.040 Bias - Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 96.750 My Stop Loss - 95.688 About Used Indicators: By the very...
Possible short opportunity. Entry at break of trend line
Hello my friends and happy new year ! As you can see , AUDJPY is trading at a great value , but our entry will be on top of this area ! If the price reach the top price , it is good to think for a sell setup ! Wish you guys the best
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
Hello TradingView community! I'd like to share my latest trading idea for AUDJPY, based on my Elliott Wave analysis. The analysis points towards a sell opportunity, and here's my detailed breakdown. My study suggests that AUDJPY has recently completed its bullish phase, typically characterized by a five-wave impulse pattern as per Elliott Wave principles. The...
AUDJPY is making double bottom pattern which reversal and divergence also shown which conform the reversal my trade plane mentioned in chart
AUDJPY broke a parallel bearish channel and now started making HH's. Buy Stop placed at 50% FIB retracement level. You can also place at 60% or at the top of parallel channel. You can also wait for the HL to be formed and start at a trade at CMP. What do you think guys, price will go up?