AUDJPY is facing bullish pressure Price is approaching our support where we could see a bounce above this level. Ichimoku cloud is showing signs of bullish pressure as well.
Aud-jpy
AUDJPY is facing bullish pressure Price is approaching our support where we could see a bounce above this level. Ichimoku cloud is showing signs of bullish pressure as well.
AUDJPY approaching 1st support, potential for a bounce! Price is approaching our first support in line with our 100% fib extension and 61.8% fib retracement where we could see a bounce above this level.
AUD/JPY - Sell entryHi, i'ma startin with posting my analysis on TradingView. Hope you enjoy that.
I see strong resistance, triangle here and i enter a short position. You see SL, TP on chart.
I will try to make my analyzes better and more readable for you !!!
AUDJPY Price is testing resistance 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!
Bullish wedge ? Or Currently hitting a key resistance point that has held multiple times since December i am looking for price action to confirm below the zone and even the small trend line to show clear breakage of the wedge. So far that key resistance level seems to be holding to validate the short but with the wedge a bullish push could see it creating new higher highs.
AUDJPY holding above ascending trendline support!Price holding above ascending trendline support. A bounce above 61.8% Fibonacci retracement and 1st support at 76.35 towards 1st resistance at 76.71 is possible.
AUDJPY 4hour Analysis August 16th, 2020AUDJPY Long idea
This pair has been in a very strong 4hour bullish trend and is currently at a major monthly zone.
We’re going to continue with the bullish trend and look for long opportunities above this zone.
Look for a significant break and retest of 76.700 with strong bullish setups to enter on. Target higher toward significant resistance levels.
For us to consider short opportunities we want to see a break of major support around 76.000 with confirmed lower highs below. Target lower toward major support levels
Patience Just a matter of patience to see if we can test and retest the support zone thats acted as resistance support for many touches. If so ill be looking to enter shorts around that area.
Big drop comingAUD/JPY is going to plummet quite a bit. this analysis is on the daily chart and can also be noticed on the weekly and monthly.
AUDJPY. Double top formationHello Fam!
Double top pattern formed after price was rejected of the resistance zone for couple of times. The pair should be shorted if we have an additional bearish sign, such as breakout of the support trendline.
Good luck to you!
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AUDJPY approaching 1st support, potential for a further rise!AUDJPY is approaching 1st support at 76.32 where it could potentially rise further to 76.70.
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AUDJPY Price has stalled out on R2 and formed a double top. 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!
