AUDJPY 4hour Analysis February, 14th, 2021AUDJPY Long idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Price action is still very bullish on this pair and doesn’t show signs of stopping yet. From where price action currently is we would ideally like to see a pullback with a confirmed higher low before entering long. Look for possible entries around 81.000 and target higher toward negative fib levels. Technically price action can fall to 80.250 and still see a bullish reversal.
Trade scenario 2: For us to consider AJ bearish we need to see a lower high form below key support at 80.250. Look to enter short on strong bearish setup confirming the lower high and target toward major support levels.
Aud-jpy
Uptrend and triangleToday's option is at AUDJPY. We see an upward movement of both H1 and larger periods.
At the same time, the price currently forms a triangle, which we expect to continue moving to 81.65!
A break of the triangle and the previous top is assumed to confirm the direction.
Stop is placed under the triangle!
If you have questions about how to trade this or another situation, contact us!
To support us, like and comment!
AUDJPY SL hitIt happens, trades hit SL right?
Just accept it as probability and move on.
The buy previous to it was quite nice.
The way I trade helps to not get emotional over it, I have no ego and bias associated to any time spent analysing - I trade what I see in line with the strategy.
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Also, see my 'related ideas' below to see more just like this.
Thank you.
Darren
AUDJPY: BUYOverall, we see bullish integrity on all timeframes with AUDJPY this week.
If we see price heading back towards the support level of 80.473 , we must keep an eye here (horizontal line drawn on our analysis).
-If price breaks our support level majorly, we can expect a scalping opportunity for Bears/Sells to enter, however, we are expecting price to keep it's bullish trend to take it down to the monthly Buy Zone (79.436 - 79.930) and ride it back up to our Take Profit (EXIT) area of around 81.510 .
AYDJPY looking for a break 🦐AUDJPY is not consolidating below a weekly support.
The price creates a minor range and according to Plancton's strategy IF the market will break above we can set a nice long order.
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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 4hour Analysis February, 7th, 2021AUDJPY Long idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Overall this pair is very bullish on all timeframes. We recently saw resistance at 80.250 break and price action surged higher. Ideally we want to see structure form with a retest of broken resistance. Look to enter long on a confirmed higher low with strong bullish setups. Target higher toward our -27% fib level.
Trade scenario 2: For us to change our bullish bias on AJ we need to see a break of support at 80.250. Price action would then fall back into our range between 79.600 & 80.250. We won’t yet be ready for shorts but it’s the first step toward a bearish bias.
GO LONG!we have entered a Long position on AUD/JPY. we currently entered this trade at 80.34. This trade is still inactive therefore you can still enter from 80.312 or under. if price pushes past our entry zone then unfortunately you've missed the trade.
we are hoping to see some bullish momentum here on this pair which may not happen until later today (Uk Time currently 09:15).
Please watch over this as we will be updating you throughout the day and with any bearish momentum we will advise whether to hold or close positions. Lets hope we see a winning trade to end a BIG week of profits!
AUDJPY: Be ready to SHORT this CHANNELHi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
AUD/JPY
⚪ Technical Analysis :
Since the 10th of January 2021, the price has been following a clear descending channel, bouncing few times on its dynamic channel's lines.
Yesterday, the 1st of February, the price reached its dynamic resistance line, getting a nice bearish rejection on that level.
It is currently re-testing the support zone at about 79.700 and the next price action will be essential to understand the next market movement.
🔴 Conclusion :
The price is just in the middle of its channel, around a support zone at about 79.700.
I'm confident to see it having a small correction before falling down through the support zone until its dynamic support line.
I'm already holding a short position but I'll be waiting for the breakout of the support zone before planning my second position around the level 79.400.
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your idea writing a comment!
⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
AUDJPY 4hour Analysis January 31st, 2021AUDJPY Long idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bearish
Trade scenario 1: Overall price is still very bullish on all major timeframes. We did see a 4hour transition when support at 80.250 was broken but since then price action has been ranging. For us to continue with an overall bullish trend we ideally want to see a break and retest of 80.250 with a confirmed higher low above. Look to target higher toward negative fib level and key resistance.
Trade scenario 2: For us to consider short scenarios we want to see a break and retest of support at 79.600 with a lower high below. Target lower toward major levels of support.
AUDJPY - ShortPossible short opportunity on AUDJPY.
Descending channel making lower lows and lower highs.
A break in the in-channel trend line will call for a shorting opportunity from the 79.95 level down to the 79.15 level.
confirmation of the break will be strong bearish closed 4H candles as well as signals from the MACD and RVI.
AUDJPY breaking the support 🦐After our last analysis on this pair, we check again for the next move AUDJPY.
On the 4h chart, the price is testing and currently breaking the support area.
If the price will break below, according to Plancton's strategy, we can set a nice short order.
–––––
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: SHORT Opportunity on this BREAKOUT! (With Signal)Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
AUD/JPY
⚪ Technical Analysis :
Since November 2020, the price has been moving following a clear ascending channel, reaching at the beginning of January 2021 a strong daily and weekly resistance zone at about 80.800 that rejected the price many times in the past.
It failed a double attempt to break through that level and once it got a second rejection, the price collapsed down.
It is currently creating an interesting descending triangle and the next price action around that area will be essential to understand the next market movement.
🔴 Conclusion :
In the daily perspective I can clear see that the price has been moving with a strong bullish impulse since many weeks ago and now that it reached an important resistance zone, I'm confident to see a possible trend correction.
I'll be waiting for a breakout of the support zone at about 79.600 as a confirmation, before planning my short position on this trade.
Once I'll confirm the new downtrend, my first target would be the level 78.750 and my SL on the level 79.950.
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your idea writing a comment!
⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
AUDJPY - Trade Idea! Good morning Traders!
Some get excited for the weekend but I get most excited for the Monday mornings! On the weekends I do get up early on Saturday - Morning routine and I did my analysis. I got something special for you this weekend - There will be a video coming out this weekend going through major pairs for the week ahead - We are in for a treat all of us! If you'd like access to the week ahead video - Message privately or simply comment down below.
Technical Aspect AUDJPY 1HR:
Pattern: Descending triangle formation
Support: 79.750, 79.530, 79.230
Resistance: 80.185, 80.275, 80.375
How to approach this trade idea:
- Look for pull back towards the resistance areas taking it down towards the great support areas!
- 50 & 200 EMA are great resistance zones
- Want a better price? Go towards lower time frame perhaps 15Mins chart for intraday trade - finding a what fits your plan to get into a short.
Key Tip: Follow your own trade plan, the analysis I provide you is just a guidance - add your own creative aspects towards trading to add further confluence and confidence.
Thank you for the comments & messages received, really grateful for the great positive trading community!
Have a great week ahead
Trade Journal
(Just trading Idea, not a recommendation)
AUDJPY 4hour Analysis January 24th, 2021AUDJPY Long idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bearish
Trade scenario 1: Overall we are still very bullish on this pair, however, we saw a 4hour higher low break/transition. For now we will wait for strong bullish setups and higher lows. This pair remains bullish on the daily timeframe as long as price action holds above 79.600. Look to target toward prior highs and negative fib levels.
Trade scenario 2: For us to consider short positions we need to see strong bearish momentum and lower highs below 79.600 & 79.000. Target lower toward significant levels of support.
AUDJPY on a rising wedge? 🦐AUDJPY after our last analysis retest the weekly resistance.
The price created a rising wedge formation near the 0.618 Fibonacci retracement.
According to Plancton' strategy, if the condition will be satisfied, we can set a nice short order.
–––––
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.