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Audjpysetup

AUDJPY - FUNDAMENTAL + TECHNICAL BIAS#AUDJPY These days, AUDJPY is slightly UP due to MARKET RISK ON. The reason for that was that the MARKET SENTIMENT was somewhat POSITIVE with FED UPDATES. JPY WEAK AFTER BOJ MEETING. Because of that, XXXJPY CURRENCIES went UP very fast. It still has an effect. Anyway, they said that the BOJ MONETARY POLICY will be relaxed even more. Therefore, after JPY becomes PRICE, XXXJPY PRICES may be UP in the future. Even now, we see that the MARKET is somewhat MARKET RISK ON. We expect AUDJPY to RETRACE to higher resistance. Anyway, if the AUDJPY goes upside down again, the VIX should go down and the JPY should go up, and STOCKS should go up. The dollar should continue to strengthen as it has in recent days. AUDJPY can definitely SELL at 88.62 LEVEL. But somehow, after that, AUDJPY may go up to 92.901 LEVEL. Anyway, if JPY becomes WEAK, if the UP SIDE STRUCTURE is BREAK, there is a very good situation to BUY AUDJPY.
by benny_marshall
Order flowThe daily chart has the characteristics of a volatility contraction approach, price has now invalidated the contraction and we’re up for a volatile move. 4h timeframe shows that the bullish three drives were in accordance with the bullish order flow. This breakout made a small retest to the daily order block and fell to the demand zone, with this current candlestick it looks more like price respects the area and we should be ready for a full pullback to the order block. Now it’s clear that the bearish move has lost its momentum, the immediate target is the order block then we go long with this potential and long bearish move the liquidity area at 87.047…
by tokelohomi
6
AUDJPY - 1H - SELLThe trade has a risk-to-reward ratio of 1 to 6. A profit limit of 2 is a good point to exit. 3 and 4 are good points after breaking the profit limit floor. Profit limits 5 and 6 are very risky and have high risk. When the price reaches profit limit 2, empty half of the volume and when the next targets are reached, empty the remaining volume , 0.25 per target. After the price crosses each target, set your stop loss higher than the previous 2 targets. This is the best way. Be sure to enter after the pullback and at the end of the confirmation candle with the appropriate volume . The analysis and position is against the main and major trend, which is considered a high risk. The price is in a major DNA zone, and we give the possibility of forming a second downward wave in the normal view and trading on it with good capital management. After this deal, be sure to use the good trading opportunities that are below and in the direction of buying. Analysis is done with Fibo. Golden Dragon
Short
by the_golden_dragon