AUDJPY breaking a weekly resistance 🦐AYDJPY after the retracement on the weekly structure around 73.200 area started a new bullish move.
Market hit the previous recent high around 76.600 and got rejected twice starting a range between the daily support and the weekly resistance.
Currently the market seem to push the price for a break and is the candle will close above we can look for a nice long order according with Plancton's strategy.
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Follow the Shrimp 🦐
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 Plancton0618 strategy will trigger.
Aud-jpy
AUDJPY testing the upside confirmation, potential for a bounce !
AUDJPY is testing the upside confirmation, we might see a further bounce if price closes above the level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks
AUDJPY approaching 1st resistance, potential for a drop!AUDJPY is approaching 1st resistance where the horizontal swing high is and it could potentially drop to the 1st support.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDJPY Price has started testing R2 in our bearish zone! This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Let’s make some money together!
AUDJPY approaching resistance, potential drop expected!AUDJPY reversed off its resistance at 76.28 where the horizontal swing high is where it could potentially drop further to 1st support.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZDJPY-8hr's-- Good Chance To Shoring Now 📍__**Hello all traders
NZD/JPY Setup / Analysis
🕐 2HR'S Chart
📋 Educational
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🗒 Just browsing through my analysis means a lot to me.
➡️ Please follow the analysis very carefully and every detail of the chart means a lot. And always entry depends on many reasons carefully studied
Always enter into deals when there are more than 5 reasons
combined
Key Technical / Reason's Short Position's
🔰66.500 Target Reversal
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Reversal Gap Support
Reversal Trend Formation
Reversal 0 Level
Reversal Mid line for Major Down Channel
Year low + Value Area
__🔰Entry Reversal
-------69.450 Area
Month low /week low
Trend Break + Down Trend
Inner Down Channel Formation
High Volume Impact
Head & Shoulder Pattern Break Out
AUD/JPY
ShOrt Down " 69.450 - 69.400
Take Profit " 60 PIP / 120 PIP / 180 PIP / 240 PIP
Stop loss " 60 PIP
📍Risk 2.5 % : 5 %
➕Account Growth Expecting " 5 % : 20%
❗️Risk : Reward 1 : 4
AUDJPY 4hour Analysis August 23rd, 2020AUDJPY Long idea
Overall all significant timeframes are very bullish on this pair. We will continue with this overall trend until we see a major transition.
Current price action is in a large ascending triangle with a monthly zone at 76.500. We’re looking for a strong reversal from the current level at 75.600, with confirmed higher lows.
Ideally a break and retest of 76.700 would be enough to enter long and target toward higher resistance levels.
If we see a break and retest of 75.600 with confirmed lower highs below the zone we could consider short opportunities.
AUDJPY- Bearish...maybe.So there is a legit argument that AUDJPY is now bearish, rightfully so, it has just between squeezed to the south side of the ascending triangle. That being said, I'm not still convinced. I believe there is possibility we could be looking at a bear trap, AJ could have one bull run left in it before prices see a serious decline. Also just for fun I found a Cypher Pattern that may form up. Good luck everyone.
AUDJPY is approaching support, potential bouncePrice is approaching our first support in line with our 61.8% fibonacci retracement and the ascending trendline , where we could see a bounce above this level. Ichimoku is showing signs of bullish pressure as well.
Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a comment on what currency pair you'd like me to analyze next too.
Until next time, see ya!
AUDJPY is approaching support, potential bouncePrice is approaching our first support in line with our 61.8% fibonacci retracement and the ascending trendline , where we could see a bounce above this level. Ichimoku is showing signs of bullish pressure as well.
Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a comment on what currency pair you'd like me to analyze next too.
Until next time, see ya!
AUDJPY Price is finding support on the 200EMA This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Let’s make some money together!
AUD-JPY MASSIVE LONG|STRUCTURE ANALYSIS|TRADING PLAN
The pair has broken up out of the downward channel where its been for a while and has now formed a bullish triangle on its way up, below the structure resistance. Given the bullish momentum and the setup, our target trade is a long, but with conditions.
TRADING PLAN:
1-IF there is a breakout upwards
2-Wait for it to be confirmed
3-Go long on a retest
4-Take profit levels are on the chart
5-SL below the horizontal level
Alternatively, IF the triangle gets broken downwards, with both support lines broken too, then one might be interested in going short, with SL above the horizontal resistance. This trade however, has lower probability and is less secure, as the setup will be less clear. Use your own best judgement and look at the price action.
Thank you for reading, like and subscribe, and have a nice day!