#AUDJPY 4 HOUR TIMEFRAME I think the price go up to the previous resistant level , whats your opinion traders ??
Aud-jpy
AUDJPY - Intra day trade Idea!Technical view of AUDJPY: Quick Intraday trade idea!
Pattern: Bearish Flag formation longer term, within intraday - Playing a H&S pattern - Confirmed once broken the trendline up - (Highlighted the key area in Blue)
Support: 80.400*, 80.290, 80.170
Resistance: 80.600*, 80.700, 80.830
200 & 50 EMA - 80.400 is a key support area where it holds the trendline up as well as higher confluence, once broken - It could excel further towards the other support areas highlighted.
Key target areas you could be looking towards - Fib retracement areas of: 0.236 & 0.382
How you could play this trade - Wait for the break out of trendline down, add order in, or wait for pull back once broken out.
All the best,
Trade Journal
(Just a trade idea, not a recommendation).
AUDJPY may continue the uptrend!If it goes up set the first target at 82.750
If it goes down you can set the target at 73.400
AUDJPY on a weekly resistance 🦐AUDJPY on the 4 h chart reached the weekly resistance at the 80.500 level.
The price which is moving in a long ascending daily channel almost touched the upper trendline and now testing a minor support at the 0.382 Fibonacci of the previous leg.
According to Plancton's strategy, if the conditions will be satisfied, we can set a nice short position.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
AUDJPY approaching 1st support, potential for a further rise!AUDJPY dropped nicely and is likely to bounce from 1st support, where the graphical overlap, 61.8% fib retracement, 127% fib extension are. Potential target could be at graphical swing high is. Stochastics also shows a bullish momentum is building.
AUDJPY 4hour Analysis January 10th, 2020AUDJPY Long idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: AJ is overall very bullish and is currently at a high. Ideally we want price action to pull back and form structure. This will give us an opportunity to enter long on a confirmed higher low. Look to target higher toward our negative fib levels.
Trade scenario 2: If we are to consider short scenarios we want to see a break and retest of 79.000 with a lower high below. Look to target lower toward major levels of support.
Possible trend shift in AUDJPY – going long The Tidal Shift Strategy has just bought AUDJPY at 80.46. The system recommends entering this trade at any price between 80.273 and 80.647. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at -1.017, which suggests that the AUDJPY could be trending upwards.The 14-period Average True Range on a daily chart is 0.15, so the stop loss has been set at 79.712. This stop loss order is a trailing stop that will move up as the market moves up. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours.
Signal ID: 74592
Time Issued: Thursday, 07 January 2021 02:00:16 GMT
Status: open
Entry: 80.273 - 80.647
Limit: N/A
Stop Loss: 79.712
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Past Performance is not an indicator of future results.
AUDJPY testing 1st resistance , further drop expected ! AUDJPY is retreating from recent top and is likely to drop below 1st resistance, where the 50% and 76% fib retracement are. Potential target could be at where the 78% fib extension is. RSI is also showing a descending trend in price.
AUDJPY is likely to retest the 1st suport and bounce higher! AUDJPY is retreating from recent top and is likely to retest the EMA(34) and trendline support. A bounce could occur above our 1st support towards 1st resistance.
AUDJPY 4hour Analysis January 3rd, 2020AUDJPY Long idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: AJ is very bullish, we just saw a major break of resistance at 79.000. From here we want to see a pullback to form structure and a higher low above 79.000. Look to enter long on proper confirmation and a moving average cross. Target higher toward our negative fib levels.
Trade scenario 2: For us to consider short scenarios we need to see a break and retest of 79.000. Look to enter short after a confirmed lower high and target lower toward key levels of support.
AUDJPY sell now,my prediction,Good luck tradersWatch strong price action at the current levels for SELL. GOOD LUCK! Great sell opportunity in AUDJPY..
AUDJPY LONG!?Hey traders,
Hope you all had a great Christmas.
Right now AUDJPY is currently breaking resistance with strong bullish momentum, if we see price close above this area we can expect the market to continue the bullish trend.
I will be risking 1% and looking for a 3% return. My SL will be roughly 15-20 pips and my TP will be 45-60 pips. (Depending on my SL)
If you wish to use this idea, please enter at your own risk and use good risk management (YOU DONT NEED TO USE MY SL AND TP, IF YOU WISH TO USE YOUR OWN THAT'S FINE)
If you find this idea helpful...
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Drop a comment below on what you think🗨
Good luck on your trades.
AUD JPY SHORTAfter breaking a trendline support audjpy has retested higher against the trendline and 4 hour resistance zone. Other indications of short include 4 hour stochasticrsi and momentum churning bearish at this level with additional confirmation of 4 hour bearish engulfing candle at this point. I will short for a minimum 1:2 ratio .
AUDJPY 4hour Analysis December 27th, 2020AUDJPY Long idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Still very bullish on this pair. Looking to continue with the trend and enter long at key fib levels. Currently we’re looking for a pullback to form structure at our 38.2% fib level. From here we will look for bullish confirmations to enter long on. Look to target higher toward negative fib levels and key resistance around 79.000
Trade scenario 2: If price action goes bearish we won't consider short positions until we see a break of 77.900 with a lower high below. From there target lower toward key support at 77.000 and potentially lower.
AUDJPY retesting 1st resistance, potential to reverse from thereAUDJPY is retesting our 1st resistance at 78.598, in line with our 78.6% fib extension and trendline resistance, where we could see a further drop towards our first support target where the 61.8% fib retracement is. Stochastics is also signaling that the price could reverse further from recent resistance level .
AUDJPY testing 1st resistance , further drop expected ! AUDJPY is approaching our 1st resistance at 78.598, in line with our 78.6% fib extension and trendline resistance, where we could see a potential reversal towards our first support target where the 61.8% fib retracement is. Stochastics is also signaling that the price could reverse further from recent resistance level .
AUDJPY testing 1st resistance , further drop expected AUDJPY is approaching our 1st resistance at 78.598, in line with our 78.6% fib extension and trendline resistance, where we could see a potential reversal towards our first support target where the 61.8% fib retracement is. Stochastics is also signaling that the price could reverse further from recent resistance level .
