Audjpyforecast
AUDJPY MULTI-TIME FRAME ANALYSISHello Traders
Here is my view on AUDJPY.
What is the situation?
Price has gone from acting as old support to new resistance and rejecting with
a perfect long wick + 61.8% Fib Level rejection almost a perfect setup.
Trading Plan : Apply time frame confluence, confirmation and entry.
Contact:
Whatsapp: +27671795841
Telegram Username: @Forexas
AUDJPY Long Position Continuation In Near TermAs can be seen in the chart above, AUDJPY is following the trend line very well, and I expect the uptrend to continue in the near term. I feel it will test the next resistance level of 69.800, which is where I have kept my take-profit level. There may be some volatility in the pair because of the upcoming CPI news announcement for AUD, but nonetheless, I feel that the strong uptrend will continue and test the 69.800 levels.
AUD/JPY, Breakout of Support Level will be a Bearish SignAussie dollar kinda boosted up this week, but we are still long-term bearish on this quote. If we broke this horizontal Level, it would be a bearish sign. Keep in mind, that there is still a chance for continuation to the upside of the market. So sit on your hands until price action tells you what to do.
AUDJPY technicaly based forecast
📌Short intro:
I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas
💡 AUDJPY technicaly based idea, we can see price is bounce from up trend line , candels foramtion is good bearish, technicaly indicators showing we can expect higher push down in price, expecting to see Ccreating of new HL,- push down in price till bottom trend line.
📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment!
Thanks on supporting!
All best, good luck!
AUDJPY technicaly based forecast
📌Short intro:
I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support
📌Why DepaDigitalTrading:
*Analysis based on my program and tactic readings
*Fundamental side in analysis
*Price action - FIBO - Candl pattern
*FX - STOCK - CRYPTO
*Day trader - Swing trader - Position trader - "Sniper"
*Simple ideas
💡 AUDJPY technicaly based idea, technicaly indicators showing we can expect higher recovery phase, exepcting to see push in price till FIBO 0.6
📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment!
Thanks on supporting!
All best, good luck!
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!
Idea is to complement your research.
Check comments section for future updates on idea.
Like this idea? Like, Share, Follow, and Support channel for future content.
Thank you and happy trading.
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
Leave your valuable comments below
AUDJPY: Correction time is on the wayThanks for Taking Interested in my Trading Idea.
AUDJPY: Correction time is on the way.
Dear followers, the best Gift for me is "will be your likes , comments & Share
Note: This is only for Educational purposes; this is not investment advice.
Thanks for your support!