AUDJPY technicaly based forecast
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*Analysis based on my program and tactic readings
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*Price action - FIBO - Candl pattern
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💡 AUDJPY technicaly based idea, technicaly indicators showing we can expect higher recovery phase, exepcting to see push in price till FIBO 0.6
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Audjpyidea
AUDJPY TP AT 72.00HI, TRADERS
MY NAME IS KD,
TODAY I HAVE A GOOD STRATEGY PUBLISH TO ALL OF YOU :)
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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.
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AUDJPY long trade ideaPlan : trendline & resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**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 like i do, please write it in comment so we can manage the trade together.
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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
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.
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Note: This is only for Educational purposes; this is not investment advice.
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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: Need to Wait for Level breakout.Thanks for Taking Interested in my Trading Idea.
AUDJPY: Need to Wait for Level breakout.
Market Still Looks Like more sell off here after Level break.
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!
AUDJPY SHORT Hi guys, what a week ! Lots of movement in the market this week which is good to see, my bias for this pair is short (sell). I am looking for a spinning top or doji candle formation on the Daily time frame as another confluence to take this short and to allow the temporary bullish momentum to slow down. If this does form I will be scaling down to the 4hr and 1 hr time frame to look for a better wick entry. This is a long term trade so don't put a huge lot size on lets swing trade this down to the -61.8% fib level.
400 PIP GAIN 8/1 RR
AUDJPY. The price is approaching a key level. Hi subscribers!
At the moment, the price is in decline.
This will continue until the price reaches the target at a key level.
After this level, further pricing will be decided. Good luck to you!
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This idea does not provide the financial advice.
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.