AUD/JPY BUY IDEAHey tradomaniacs,
welcome to another free trading-setup.
AUD/JPY: Day-Swingtrade-Preparation
Market-Buy: 80,330
Stop-Loss: 79,945
Point Of Risk-Reduction: 80,520
Take-Profit: 81,090
Stop-Loss: 38 pips
Risk: 0,5% -1%
Risk-Reward: 2,0
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Peace and good trades
Irasor
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Audjpyidea
AudJpy- A sell trade with great risk:rewardAfter a first leg down of 150 pips, AudJpy has recovered and now is trading again above 80 important figure.
The rise from 79.50 is in a rising wedge though, indicating a lack of impulse.
A break under the support line of this wedge could be a confirmation of a new leg down and such a trade can have a great 1:4 risk: reward ratio.
AUD/JPY BUY IDEAHey tradomaniacs,
welcome to another free trading-setup.
Notice: This is meant to be a preparation for you. As always we will have to wait for a conformation!
EUR/USD: Daytrade-Execution
Notice: This is meant to be a preparation for you. As always we will have to wait for a confirmation!
AUD/JPY: Daytrade-Preparation
Market-Buy: 80,310
Stop-Loss: 80,000
Point Of Risk-Reduction: 80,525
Take-Profit: 80,860
Stop-Loss: 31 pips
Risk: 0,5% -1%
Risk-Reward: 1,80
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
AUDJPY - head and shoulders What Is a Head And Shoulders Pattern?
A head and shoulders pattern is a chart formation that appears as a baseline with three peaks, the outside two are close in height and the middle is highest. In technical analysis , a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal. The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward trend is nearing its end.
locally I will look for an entry point.
Globally the growth began.
AudJpy- New leg down after confirmation?AudJpy has broken the confluence support yesterday and dropped to a local low around 79.50 zone.
A correction followed and what, at this point, could be a confirmation for this break.
I expect a new leg down from this pair and I maintain my bearish outlook and 77 target as long as the pair is under 81
AudJpy- I expect a violent dropSince the beginning of November, AudJpy has risen 800 pips (more than 10%) and, as we can see from the chart, it almost has no correction.
I think things are about to change and the pair will dive.
From the technical point of view, AudJpy made a small double top after it passed above 80 and the Friday close found the pair just in confluence support of the ascending trend line and neck-line.
A break here will be the signal that the pair started correcting and the target for such a drop can be 77.
Also, a short trade for this pair has a 1:3 R:R ratio
AUDJPY short trade ideaPlan: support level breakout --> wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing , pinbar etc --> SELL
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
AUDJPY short trade ideacurrently, we are seeing price formed a rising wedge pattern and it's a reversal signal, personally, I will wait for the support level to breakout before placing any sell order. good luck traders!
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
AUDJPY BUY AFTER BREAK OUTAs i can see this pair is currently trading under a resistance as soon as it make a bullish breakout
then we will start buying til pair till design levels with a low risk and looking for a higher rewards
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AUDJPY - new accumulationThe short position did not work completely.
Now I think they will breakout level 79.
There are a lot of prerequisites for a breakout.
Do you agree?
last opinion
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