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Audjpysetup

AudJpy- Ready for 88After the correction from 85 to 77 strong support, AudJpy has resumed its up-trend, recovered losses, and is trading now just in the old local high zone. For 2 weeks now the pair is consolidating gains and is putting in a small continuation triangle on our daily chart (visible, of course also on small TFs) At this point, AudJpy looks ready for a break up and the target could be 88 strong resistance (visible on weekly and monthly) A drop under 84 would negate this scenario
Long
by Mihai_Iacob
10
Upcoming FOREX Weekly Forecast: What pairs do you want analyzed?I want to interact more with my subscribers! Tell me which pair or instrument you want analyzed for the week ahead, and I will include it in my Forecast video! I'll be looking to cover all the majors and cross pairs, along with Gold , indices, and US Oil . I analyze AUDJPY in this video, as an example. Guys, I'm leveling up, and I want you to level up with me! Let's build a community of consistently profitable trader together! Leave me a comment with your request, and I'll be all over it in the next video!.
by RT_Money
4
FOREX Weekly Forecast: What pairs do you want analyzed?I want to interact more with my subscribers! Tell me which pair or instrument you want analyzed for the week ahead, and I will include it in my Forecast video! I'll be looking to cover all the majors and cross pairs, along with Gold, indices, and US Oil. I analyze AUDJPY in this video, as an example. Guys, I'm leveling up, and I want you to level up with me! Let's build a community of consistently profitable trader together! Leave me a comment with your request, and I'll be all over it in the next video!.
by RT_Money
AUDJPY AnalysisMy analysis on this one is based on a Smart money concepts that some retail traders hardly ever use. We have a retail support zone that was violated (Manipulation), and resulted in us having an Order Block. I scaled down to the H1 to properly identify the Order block candle. price has since been bullish. Ideally, after an Order Block is formed, we expect price to come back and retest the area before continuing its movement. Price indeed did come back (by forming a correction down). Price has violated an intra-resistance line and is currently showing bullish momentum. I will be waiting for price to break out of the correction in order for me to take any long trades. *Disclaimer* This is not financial advice. Forex trading is a risky business. Trade at your own risk. Patience and risk management are crucial. #Trade_Like_A_Magnate
Long
by Magnatrio