For Traders and Investors worldwide, greetings! Here is how I’ve been actively monitoring the price of AUDJPY for the past few weeks. Now, I would like to share with you how I potentially intend to predict its future price targets and levels with proper risk management for this new trading week. This is a result of relentless testing and preparation, focusing on key details that should work profitably when implemented correctly. If you agree with this approach, please hit the boost and follow. I really appreciate your support 💚
(Read slow if you will 👇🏿) - In the beginning, this process of developing, identifying, figuring out, comparing, learning and timely executing this high probability Buy Opportunity was initiated by this Bullish Candle that presented itself at the 13th hour 45 minute mark on Friday, possessing these four specific principles below, that I believe has the potential capacity within itself to effectively influence the price of AUDJPY to rise 100 pips above the top bullish candle at $105.096, while being able to prevent the price of AUDJPY from hitting a 23.5 pip price level point below the top bullish candle at $103.859 in the first 1 day 3 hours of its testing. - This is and will be the first Bullish Candle of this week, after the fulfillment and outcome a Bearish Candle from within the same week.
(These are the four specific principles present) - 4.26.2024 1st Principle > This Bullish Candle with the (Blue Ema) are both above the (Red Ma) 2nd Principle > This Bullish Candle has and will remain to have a flat bottom, no wick 3rd Principle > This entire Bullish Candle is fully above the Ichimoku Cloud 4th and final Principle > The previous wick of this Bullish Candle is 29 pips away from the top bullish candle, which is greater than the last bullish previous wick (17) by 12 = automatically making it a greater previous wick, knowing that the greater the previous wick = the more effective, profitable and powerful I would expect this Bullish Candle to be within its capacity to influence the price to rise.
(Greater Chart View + Work🎑)
(My Live Buy Position off this Bullish Candle revealed) - 5.24.2024 MY ENTRY PRICE was $103.869 / the current price is now at $103.995 (126 point increase so far) The price of my stop loss is set at 103.673 (19 pips below this EP) The price of my take profit #1 is set at $104.898 (103.5 pips above this EP) The price of my take profit #2 is set at $105.096 (123.3 pips above this EP) - my personal risk management rules are in place within this Buy Position / always assess proper risk management to your strategy! (Bk) Buomkuoth Nhial Reath / Glory be to God our Father now and forevermore! Amen.
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Japanese Yen appreciates, let's win and elevate! who bought AUDJPY after this idea???
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