at weekly time frame the price has touched its target at around 1.115, and should be ready for a new bullish trend. but at daily time frame it is still in a downtrend, and it is going up to touch some resistances for a pullback and make a new lower high. so you should wait for a bearish candle stick confirmation, for a sell position. TP: around 1.12
generally in the 4H time frame trend is downward, and it is creating a bearish flag, so I am looking for sell position. but in the 1H time frame the trend is upward, and it is above a short term trendline and the purple zone. because of the last daily bullish candles, I expected a fake breakout from above. but for reducing risk, I am waiting for the breaking of...
as you see in the 4H chart AUDJPY is in a downtrend and it will go to make a new lower low at around 80.5 i wish the price comes up at around 82.1 to retest the purple key zone and make a double top pattern to get sell position with a good risk reward ratio
if it breaks the neck line, that is a good sell opportunity
based on daily and weekly candles, we see bearish pressure and in weekly time frame, the price has created higher high, so we expect the price go down to around the last low in 4H time frame, it has broken a resistance, and we are waiting for a pullback
we are waiting for a pullback to the channel to make higher high, so we will get a short position the first target is around 0.71, and the second is 0.7
audjpy has created a uptrend channel, and it is going to touch the last high and maybe make another higher high
after pullback to the resistance line, we should just look for a candle pattern to get a short order up to the last LOW
just based on HH , HL and the side of trend, that is the time to make a new LL
after making a new LH in around 22.7, looking for bearish candle pattern to get it to a new LL in around 21.7
after making a new higher high in 1H time frame, that is the time to touch the price (1.59) and make a double bottom in 4H time frame and see what will happen, it might touch the higher price
when the price come down to make HL and touch the strong zone,it is the best time to buy it with a good risk reward ratio.
after making HL, it is time to go up for thouching (price : 164)
if it gives us a short sign pattern of candles in 1H or 4H timeframes, you can get it