we can clearly see a beautiful heads and shoulder pattern forming in the 4H TF . lets wait and see how price reacts in the zone for a better confirmation and entry.
Looking at maybe the final push up? - 5th wave - Weekly chart RSI should still be diverging.
In for a buy position, applying proper Risk management is what can keep our account alive for long range journey
Hello everyone. So AUDJPY is building up for a short trade.
AUDJPY double bottom break the neckline bullish trend confirm with candle we buy on it
AUDJPY is borderline bullish on the 1D technical outlook (RSI = 56.140, MACD = 0.500, ADX = 22.883) as today it has erased the gains of almost the past 3 days. As it approaches the 1D MA50, it is turning into a buy opportunity inside a double Channel Up pattern. At 99.000 we are turning bullish again and will aim for a +2.65% increase (TP = 101.700) for a HH. See...
- The market has been trading above a bullish trendline since mid-March. The mid-term trend is then bullish - Since the impact below and a new 9-years high at 100.812, the market registered a sharp pull-back, with an acceleration brought by today's disappointing US CPI report. This correction happened following a bearish divergence between the market and the MACD...
short wave having take profit @ fibonacci 50 lvl 10x lvl SL above swing
Bulls are still pushing strong. Trade with the TREND. 101.100 is my profit exit. Everything comes to an end though, be aware of that. Trade safely my friends
Harmonic Pattern Formation: XABCD Gartley pattern observed. Notable rejection at point D (98.200). Key Support and Trendline Analysis: Rejection at 4-hour Bullish Trendline. Re-testing key support area post Bearish Trendline breakout. Bullish Divergence: Observed on the 1-hour timeframe Indicates potential bullish momentum. Trade Recommendation: Entry:...
Hello traders! ‼️ This is my perspective on AUDJPY. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I wait price to continue the retracement to fill the imbalance lower and then to reject from bullish order block. Like, comment and subscribe to be in touch with my content!
Examining the trend in the four-hour time frame, the Australian dollar/Japanese yen has the resistance of the ceiling of the ascending channel in the range of 100.72, and if it is maintained, the rate can decrease to the support of the bottom of the channel in the range of 98.17.
Buy AUDJPY at market price. SL: 99.10 TP: 103.88 I am only sharing my trades, not a recommendation to enter the markets.
AUDJPY is rising towards a resistance level which is a pullback resistance level and could reverse from this level to our take profit Entry: 100.359 Why we like it: There is a pullback resistance level Stop loss: 100.699 Why we like it: There is a resistance at the 127.2% Fibonacci extension Take profit: 99.235 Why we like it: There is an overlap support...
In this chart we have spotted a Double Top Formation, we are waiting for Red Candle to close then we take an entry. Bearish Divergence also spotted. Entry, TP & SL levels are placed accordingly
The AUDJPY is bullish on the higher time frame. Here we explore a potential trade opportunity if the conditions mentioned in the video arise. Not financial advice.
SITREP --- Previously... MB 30% Weekly B -- Daily BR/B -- 4H B Strictly looking for buys even after a 4H retracement... Now... making some progress... Might see a little corrrection before heading higher.
AUDJPY has formed H1 CHOCH and made a pullback at 98.934 which can be used to short with reasonable TP at 98.220