Audjpybuy
AUDJPY LONG! Some Stairway Levels To ConsiderBias is Weak JPY Vs Strong(est) AUD (IKR/ No Kidding!) on various time-frames including Daily.
Resultant: Buy/ Long!
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AUDJPYAUDJPY
Recently AUDJPY has broken the descending triangle pattern and went further up
The next target would be 66.860
Long Positions may open at current level which is 67.120
Potential take profit will be 66.800 level which is also a major resistance level
Stop lose may placed below the 66.740 level
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AUDJPY LONG! Price currently trapped at Buy-Zone Daily Charts Upside targets marked for potential Buy/ Long strategy.
Not included here is trend line that could lag Long setup.
Check comments section momentarily for any potential update/s to this trade-setup.
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AUDJPY - FOREX - 24. FEB. 2020Welcome to our weekly trade setup ( AUDJPY )!
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1 HOUR
Bearish market open towards previous lows.
4 HOUR
Sideways moving market structure at its low.
DAILY
Great long entries, prices very low now.
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FOREX SETUP
BUY AUDJPY
ENTRY LEVEL @ 73.485
SL @ 73.060
TP @ 74.330
RR: 2.0
Use 0.5% risk!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
AJ developing a bullish channelmoment of writing, AJ is testing the 74.000 zone which is a neckline. from the previous lows, we see a rejection at the 618. I expect
a little more accumulation before going to the next bullish breakout. we can expect this kind of movements in the next week.
like you see, the extension levels are located inside the bullish uptrend. the numbers for the next week will give us more direction.