Here is my view for AUDJPY on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
** AUDJPY hrly short** shortstop @ 82.087 TP #1 @ 81.748 80.85% wr TP #2 @ 81.430 56.81% wr SL @ swing high 83.378 14.89% hr if you want to see more trades, view my profile on tradingview or visit bifrosttrades
We consider buying this AUDJPY pair because of a strong support below. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely. Thank you for following me on tradingview. @audjpy @audjpylong @audjpyanalysis @audjpyforecast
HI, TRADERS MY NAME IS KD, TODAY I HAVE A GOOD STRATEGY PUBLISH TO ALL OF YOU :) YOU CAN CLOSE YOUR TRADE ANYTIME AFTER YOU SEE PROFIT. THERE IS NO OBLIGATION TO CLOSE AT TARGET TP. RISK MANAGEMENT IS VERY IMPORTANT :) HAPPY TRADING~ ___________________________________________ WANT TO GET MORE ACCURATE AND IMMEDIATE SIGNAL? Telegram: KDEZ00
Looking at the 1 hr chart we see the completion of the butterfly pattern. Butterfly patterns are a good indicator of the end of a trend. Also, on the 1 hr chart the weekly support zone and bottom of the falling wedge is clearly visible and has since bounced off of it. These are all bullish indicators giving our strategy confirmation.
Sell below 82.94. Stop loss at 83.22. Take profit at 81.92. Reason for the trading strategy (technically): Price has bounced off our buy entry perfectly yesterday and has risen strongly towards our profit target. We prepare to sell below major resistance at 82.94 (Fibonacci retracement, horizontal resistance) for a push down to 81.92 support (Fibonacci...
Buy above 81.90. Stop loss at 81.67. Take profit at 82.90. Reason for the trading strategy (technically): Price has dropped perfectly to our buying area and bounced off perfectly. We remain bullish above major support at 81.90 (Fibonacci extension, horizontal swing low support, bullish divergence) and we expect a strong bounce above this level to at least 82.90...
Buy above 81.90. Stop loss at 81.67. Take profit at 82.53. Reason for the trading strategy (technically): Price is approaching major support at 81.90 (Fibonacci extension, horizontal swing low support, bullish divergence) and we expect a strong bounce above this level to at least 82.53 resistance (Fibonacci retracement, horizontal overlap resistance). Stochastic...
Sell below 83.83. Stop loss at 84.23. Take profit at 83.21. Reason for the trading strategy (technically): Price has continued to drop towards our profit target really nicely. We remain bearish below 83.83 resistance (Fibonacci retracement, pullback resistance, horizontal overlap resistance) for a further drop towards 83.21 support (Fibonacci retracement,...
Sell below 84.23. Stop loss at 84.64. Take profit at 83.27. Reason for the trading strategy (technically): Price has reached our selling area and is dropping nicely. We now remain bearish below major resistance at 84.23 (Fibonacci retracement, Fibonacci extension, horizontal pullback resistance) and we expect price to react off this level and drop towards 83.27...
Sell below 83.92. Stop loss at 84.51. Take profit at 82.43. Reason for the trading strategy (technically): Price has gapped up and reached our profit target perfectly this morning. We prepare to sell below 83.92 resistance (Fibonacci retracement, horizontal resistance, bearish divergence) for price to drop down towards 82.43 (Fibonacci retracement, horizontal...
Sell below 85.75. Stop loss at 86.51. Take profit at 83.87. Reason for the trading strategy (technically): AUDJPY dropped absolutely perfectly once it reached our selling area and is close to our profit target. We remain bearish below 85.75 resistance (Fibonacci retracement, horizontal pullback resistance, Fibonacci extension) to play the continued drop to at...
Buy above 86.17. Stop loss at 85.80. Take profit at 87.17. Reason for the trading strategy (technically): We remain bullish above 86.17 support (Fibonacci retracement, horizontal swing low support) where we expect a bounce from to at least 87.17 resistance (Fibonacci retracement, horizontal pullback resistance). Stochastic (55,5,3) is seeing strong support above...
Sell below 87.40. Stop loss at 87.71. Take profit at 86.67. Reason for the trading strategy (technically): Price is testing major resistance at 87.40 (Fibonacci retracement, horizontal resistance, Fibonacci extension) and we expect a reaction from this level for a drop towards 86.67 support (Fibonacci retracement, horizontal overlap support). Stochastic (21,5,3)...
Sell below 86.68. Stop loss at 87.10. Take profit at 85.90. Reason for the trading strategy (technically): Price made a bounce and reached our profit target perfectly yesterday. We now prepare to turn bearish below 86.68 resistance (Fibonacci retracement, Fibonacci extension, horizontal pullback resistance) for a further drop to 85.90 support (Fibonacci...
Buy above 85.88. Stop loss at 85.34. Take profit at 86.72. Reason for the trading strategy (technically): Price is now above major support at 85.88 (Fibonacci retracement, horizontal pullback support) and we expect to see a bounce from here to at least 86.72 resistance (Fibonacci retracement, horizontal pullback resistance). RSI (34) is seeing strong support...