Hello, my transaction was opened in one step and I can't wait any longer to build my future. I didn't know how to use these systems. Instead of copy trading and buying signals, try to stand on your own feet and fish. Start small and progress. Do it, just as the merciful God said in the Qur'an, we certainly made it easy after every difficulty. Everything is clear...
At first I thought it's impossible to close above November high, but NZDJPY was showing a new high should happen. Interestingly, what happened to NZDJPY applied to AUDJPY as well.
This is more based on fundamental, as I am eyeing a global index drop, and also JPYBASKET seems a good buy. The weekly trend also suggests JPY is at an extremely undervalued position,...
What's up folks, Just closed my buy on AUDJPY
Let me explain
These are my confirmations\questions >
Question 1 - Was AUDJPY in momentum (bullish or bearish)?
Yes, AUDJPY is in bullish Momentum currently
Question 2 - Who is interested (at this time)?
Buyers are interested at this time
Question 3 - Where are their stop losses?
Stop losses would have been right...
Price is rising toward a very solid resistance level which also aligns with the 127.2% Fibonacci retracement
As you ca see, the Stochastic indicator is also in the overbought territory
I believe a rejection from this level could lead the price to drop toward the support level which also lines up with the 100% Fibonacci retracement.
. 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
AUD/JPY is rising towards a multi-swing-high resistance and could potentially reverse off this level to drop towards our take-profit target.
Entry: 98.532
Why we like it:
There is a multi-swing-high resistance level
Stop Loss: 99.064
Why we like it:
There is a level that aligns with the 161.8% Fibonacci extension level
Take Profit: 97.765
Why we like it:
There...
AUD/JPY is holding above its 100-day EMA, and so far it looks like the spike lower last Thursday will be left unchallenged.
This is more of an interesting observation than anything else, but... since July AUD/JPY has printed a prominent spike / higher low every 40 - 47 days. If that pattern is to hold, is suggests the next trough could land at the end of May /...
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 97.78, which is a pullback support.
Our take profit will be at 98.52, a multi-swing high resistance.
The stop loss will be placed at 96.98, which is a pullback support level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may...
AUDJPY is trading in a bullish trend.
After setting a new higher high, the price formed a symmetrical triangle formation
on an hourly time frame.
Its bullish violation is a strong trend-following signal.
I expect a growth to 98.24 / 98.4
❤️Please, support my work with like, thank you!❤️
Hello traders!
‼️ This is my perspective on AUDJPY.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for a long. I wait price to make a retracement to fill the imbalance and if price rejects from support zone I will open a long position.
Like, comment and subscribe to be in touch with my content!
on Audjpy, we have been bullish since first of February, but currently that bullish run could be coming to an end courtesy of this inverse head and shoulder pattern shorts to 97.000 for 100 pips.
