Audjpyanalysis
AUDJPY | RETEST OF BREAKOUT?
AUDJPY has failed to break 83.200 since 11th Feb. Recently it has given breakout on 23rd feb and has come down to retest it. The question here is if this is really a restest or convert into selling pressure.
Two possibilities here;
a) Long position with SL below the support zone
b) Short if it manages to break the support zone.
Trade your levels accordingly.
AUDJPY Short OpportunityMarket Structure is KING!
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Here is my analysis for AUDJPY for the upcoming week, wait for price to pullback to retest resistance and take a short down to the next support area than look to go long.
What are your thoughts? Leave it in the comments below!
Blue Signal FX Rules-Based Trading
1. CHECK THE NEWS!
2. WHAT IS THE OVERALL TREND? Market structure will give you direction.
3. IS PRICE AT A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
4. IS PRICE APPROACHING A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
5. ARE YOU TRADING WITH THE TREND OR AGAINST THE TREND (MAKE SURE YOU ONLY TRADE AGAINST THE TREND ON THE 4HR TIME-FRAME AND ABOVE.
6. CHECK FOR DIVERGENCE.
AUDJPY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AUDJPY | The best target for climbing📍Hello traders , AUDJPY in daily timeframe , In this symbol, waves 1, 2, 3 and possibly wave 4 are formed and now we are inside wave 5.
As we said, we considered wave 5 as a leading triangle, and from this wave, waves 1, 2 and 3 are formed very normally.
But Wave 4 has corrected Wave 3 more than usual, making it somewhat unreliable.
Given that Wave 4 reacts very well to the beginning of Wave 3, it considers the same scenario, and we think this recent ascent is for Wave 5 from Wave 5.
Wave 5 of wave 5, like the previous waves of the triangle, is formed in the form of three waves, and from these three waves, wave a is being formed.
To complete this wave 5 must make a slight upward movement from the end of wave 3, and this movement is confirmed when the upward trend line is broken and then the correction is formed in the form of wave b.
Other scenarios:
The whole of this counted wave may be related to the original wave 4, in other words it could be for wave 4 of wave 5.
In the first case, the ascent takes place without any decline after the defeat of Fibo 0.618.
In the second case, the black trend takes place before the black line point and then the ascent.
This analysis is fielded if the warning signal range is broken down.
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AUDJPY 4Hr Long!
Test at 82.178 has completed which gives chance to short-term and Long-term Targets.
Short-Term Targets: 84.844 | 86.227 zone; 85.604 | 87.712 zone.
Long-Term Targets: 88.226 | 91.419 zone; 88.792 | 93.631 zone.
As is, Price-Action suggests price is trading on Bullish territory. Moving Averages, too, suggest Bulls have Greater chance.
Note: Idea is to complement your research.
Check comments section for future updates on idea.
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AUDJPYAUDJPY chart shows that it has broken its downward trend line and a bullish trend has been formed, but where should we buy?
since and AB=CD pattern has been formed plus we can see the divergence between price and MACD, we can say that a correction is about to happen and 82.200 area is a good price to buy AUDJPY
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WHAT IS YOUR IDEA?
AUD/JPY Made New Inverted Head&Shoulders, New Long Entry !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Can you see it?Hi Traders,
AUDJPY has been rising within an ascending structure which price was unable to push any higher. Price action is bearish and w4 also have an 'M' style structure about to start the next impulse.
Follow your trading plan and look an entry that fits your plan.
Share your analysis and leave a comment! Click the like button if this helped you
AUDJPY BREAKOUTLook at the above chart, you can clearly see that it has already given BREAKOUT of the upper TRENDLINE. From here it can consolidate here for next 3-4 days and can again go upward.
KEY POINTS
Entry- 83.350-83.950
Stoploss- 82.250
1st Target- 85.250
2nd Target- 88.000
Will keep Updating.....
Another SELL opportunity almost readyHi Traders,
Price has correctively reached the upper boundary of the expanding structure which we could see a reversal happen. Only if price impulsively pushes down with a LTF correction made after, will I then go short.
Keep your eyes out on this pair.
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Trade Safe!
AUDJPY | The safest place to buy✔️Hello traders , AUDJPY in daily timeframe , In this symbol, waves 1, 2, 3 and possibly wave 4 are formed and now we are inside wave 5.
As we said, we considered wave 5 as a leading triangle, and from this wave, waves 1, 2 and 3 are formed very normally.
But Wave 4 has corrected Wave 3 more than usual, making it somewhat unreliable.
Given that Wave 4 reacts very well to the beginning of Wave 3, it considers the same scenario, and we think this recent ascent is for Wave 5 from Wave 5.
Wave 5 of wave 5, like the previous waves of the triangle, is formed in the form of three waves, and from these three waves, wave a is being formed. Wave 2 moves further. This scenario is somewhat fielded, but otherwise a sideways trend is formed to complete wave a and wave b is formed, and then climb for wave c provided that the fibo breaks 0.618.
Moving more than the end of wave 2 will mean that it is still inside the main wave 4, and this wave 4 will be in the shape of a triangle.
This analysis will be completely fielded if the support indicated by the warning sign is broken.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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AUDJPY | Bullish SetupAUDJPY is looking bullish at the moment. The price action suggests it has given a breakout from falling trendline and restest it as well. The supportive trendline is also in action but it is a tentative one (white)
Buy on dip is suggested with stoploss on the horizontal area (arrow drawn)
Trade your levels accordingly.
AUD/JPY 4HR SELL SET UPHi TRADERS this is my trade set up for the AUD/JPY for the new week ahead
AUD/JPY Looking like could pull back into the order blocks and form head and shoulders pattern, I will be waiting on confirmation of this before placing a sell trade
This is my analysis only please trade with caution and risk management in place
clean crisp charts I hope it helps if you have any questions please private message me
good luck for this weeks trading
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AUDJPY Analysis/Trading Idea ShortLooking at the pair under 4hr tf, the market is in a downward trend and most especially making waves in the channel. Right in the channel, there appear an upward channel, there was clear reject at 50% fib level downside and also a clear rejection upside of the middle channel at 50% fib level leading to a bullish movement. We are expecting a retest at 61.8% fib level up for a clear confirmation of bearish movement down the main channel by next week.
AUDJPY Analysis/Trading Idea ShortLooking at the pair under 4hr tf, the market is in a downward trend and most especially making waves in the channel. Right in the channel, there appear an upward channel, there was clear reject at 50% fib level downside and also a clear rejection upside of the middle channel at 50% fib level leading to a bullish movement. We are expecting a retest at 61.8% fib level up for a clear confirmation of bearish movement down the main channel by next week.
AUDJPY | Approaching to important levelAUDJPY is all ready to give breakout from the falling resistance. If it manages to break above it, we will see the bulls to take price to the 82 and 83 levels. Alternatively if price falls from mentioned support then we can see to recent lows near 80.
Trade your levels accordingly.
EWT: AUDJPY is forming a contracting triangle.Currently, AUDJPY is forming a contracting triangle on the corrective wave ((4)). Price has completed sub-wave (C), and sub-wave (D) is in progress.
After completion of the (D) wave, the terminating wave sub-wave (E) will break the B-D trendline of the contracting triangle.
Wave (D) can end nearby 78.6% retracement of wave (B).
If the price breaks the B-D trendline, It can move to 85.35-86.25-88-89 . The traders should put protective stop loss at 78.78.
wave (5) may end at 89.609, which is inverse Fibonacci retracement 1.618% of wave (4)
Wave (E) can complete between 0.618 to .786 Fibonacci levels.
That's why a trader can expect the following targets for wave (E) 83.44-82.50-81.03 as targets of wave E.
If you want to trade wave (E), then you should have a trailing stop due to the high volatility of wave (E).