AUDJPY
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β³H4 chart
π² Detailed analysis
β³οΈBullish entry / Alternative bearish entry
βββββ-βοΈββββββ-
Detailed analysis π¬
1οΈβ£ Bullish flag formation 76.000 support
2οΈβ£ 76.550 October month high
3οΈβ£ Positive risk sentiment, Vaccine news
4οΈβ£ 75.800 50% Fibonacci Dynamic support and resistance
5οΈβ£ 78.450 September high acted as strong resistance-Key trend reversal area
6οΈβ£ 75.640 Point of control - Volume profile
7οΈβ£ Technical support - Bullish
8οΈβ£ 78.450 will acted as key reversal-bearish
9οΈβ£ AUDPY trading within a broad rising channel
π Possible swing target-78.450
#οΈβ£ Overall long-term trend- Bullish
βββββ-βοΈββββββ-
π Technical bias-Day-Bullish
Price is above 50,100,200 Exponential moving average
50 Exponential moving average will act as support-Bullish
Relative strength index - well above 60 - Bullish trend
MACD -Histogram is still in green zone, Oscillators are pointing upward
Stochastic - Reached around 75- overbought condition will give a short term fall back expected
Ichimoku cloud -cloud is still red and about to turn as green-Price is well above the cloud
Bollinger band- Price reached around the upper side of the band-Short term bearish correction towards middle band was expected
βββββ-β³οΈββββββ-
Key reversal area's
72.000 psychological level
75.640 Point of control area Volume analysis
78.350 Sep month high
76.200 Break and retest area
78.000 Major psychological level
76.450 Possible entry- Bull
78.350 Sep month high/ Alternative bearish entry
βββββ-β³οΈββββββ-
[bBullish entry #yen #kiwi #nzdjpy
Entry price - 76.450
Take profit 01 - 77.300
Take profit 02 - 78.350
π« Stop lose 79.950
β¬οΈ 2.49 Growth expected
β€΄οΈ Account growth .65: 2.49
β Risk reward ratio 1 : 3.8
βββββ-βοΈββββββ-
Push the like button , And cheer up if you found useful
*********
β³H4 chart
π² Detailed analysis
β³οΈBullish entry / Alternative bearish entry
βββββ-βοΈββββββ-
Detailed analysis π¬
1οΈβ£ Bullish flag formation 76.000 support
2οΈβ£ 76.550 October month high
3οΈβ£ Positive risk sentiment, Vaccine news
4οΈβ£ 75.800 50% Fibonacci Dynamic support and resistance
5οΈβ£ 78.450 September high acted as strong resistance-Key trend reversal area
6οΈβ£ 75.640 Point of control - Volume profile
7οΈβ£ Technical support - Bullish
8οΈβ£ 78.450 will acted as key reversal-bearish
9οΈβ£ AUDPY trading within a broad rising channel
π Possible swing target-78.450
#οΈβ£ Overall long-term trend- Bullish
βββββ-βοΈββββββ-
π Technical bias-Day-Bullish
Price is above 50,100,200 Exponential moving average
50 Exponential moving average will act as support-Bullish
Relative strength index - well above 60 - Bullish trend
MACD -Histogram is still in green zone, Oscillators are pointing upward
Stochastic - Reached around 75- overbought condition will give a short term fall back expected
Ichimoku cloud -cloud is still red and about to turn as green-Price is well above the cloud
Bollinger band- Price reached around the upper side of the band-Short term bearish correction towards middle band was expected
βββββ-β³οΈββββββ-
Key reversal area's
72.000 psychological level
75.640 Point of control area Volume analysis
78.350 Sep month high
76.200 Break and retest area
78.000 Major psychological level
76.450 Possible entry- Bull
78.350 Sep month high/ Alternative bearish entry
βββββ-β³οΈββββββ-
[bBullish entry #yen #kiwi #nzdjpy
Entry price - 76.450
Take profit 01 - 77.300
Take profit 02 - 78.350
π« Stop lose 79.950
β¬οΈ 2.49 Growth expected
β€΄οΈ Account growth .65: 2.49
β Risk reward ratio 1 : 3.8
βββββ-βοΈββββββ-
Push the like button , And cheer up if you found useful