AJ formed a Head & Shoulders pattern then ended the week with a dump. Moving forward this week I'd look for the retest here of the neckline for the next bearish wave opportunity!
I’ll closely monitor price movements at the start of the upcoming week. If the price reacts around 99.500 FVG, I’ll be on the lookout for long positions if price makes CHoCH upside. If we dip below 98.180, I’ll consider short positions. Additionally, there are two news events scheduled for next week: Tuesday and Thursday
AUD JPY PRICE - LIQUIDITY IMBALANCE TILL SUPPORT ZONE, take a short entry after breaking mid support zone which is 99.350 price, till the price is marked follow for more contents
Hello traders! ‼️ This is my perspective on AUDJPY. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I wait price to continue the retracement to fill the imbalance lower and then to reject from bullish order block. Like, comment and subscribe to be in touch with my content!
Examining the trend in the four-hour time frame, the Australian dollar/Japanese yen has the resistance of the ceiling of the ascending channel in the range of 100.72, and if it is maintained, the rate can decrease to the support of the bottom of the channel in the range of 98.17.
Price is currently going for a retest into the resistance zone, also to fill the imbalance caused by the impulsive move, after which we should see a sell to the next support zone which is over 100 pips
Price is currently going for a retest into the resistance zone, also to fill the imbalance caused by the impulsive move, after which we should see a sell to the next support zone which is over 100 pips
Hello traders! ‼️ This is my perspective on AUDJPY. Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long position. I wait price to continue the retracement to fulfill the imbalance lower and then to reject from bullish order block + trendline + institutional big figure 98.000. Like, comment and...
Shorts on AUDJPY based on the weekly, daily and 4 hour candle
GBP-JPY - BULLISH Our ascending triangle was broken above, and now the previously resistance zone is confirmed as support zone.
AUD-JPY - Ascending Triangle Bullish on this chart, a break and confirmation above this level, open the door for the next resistance.
We can see that AUDJPY has consolidated on thr previous 10 candles on our H1 and has failed to break from the structure. Our pair has tested the FVG already and has been consolidating in our Order Block. Now we see a bullish being created and we are expecting about 72 pips profits. Follow me for more analysis
Hello traders! ‼️ This is my perspective on AUDJPY. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long position. I expect continuation of bullish price action as price rejected from bullish order block + FIBO 0.618 level. My target is imbalance higher. Fundamental news: This week on Wednesday we have...
Expecting price to continue the sell movement to 74.740 support zone
MARKET PHASE OANDA:AUDJPY is in a long term downtrend (daily) with a short term corrective structure that has been taking place (4 hour). AREA OF VALUE Price continued to break new highs within this corrective structure. Eventually, price reached an area where sellers stepped in, resulting in a buildup of liquidity (buy stops, longs, short stop losses) above...
Hello traders! ‼️ This is my perspective on AUDJPY. Technical analysis: Here I expect bearish price action as price almost filled the imbalance and rejected from bearish order block + institutional big figure 98.000. My target is the imbalance lower. Fundamental news: Tomorrow we have news with high impact on AUD and JPY, we will see results of Interest Rate, so...
I got this chart like it is going to complete a wadge pattern probably. now I can say it's a valid pattern in terms of a minimum 4 touches...but of course, it is not the complete confirmation you have to wait for less momentum if you see that pattern which can give a sell signal. then you have to wait for a valid breakout. Reminder:- keep in mind that no matter...
As we can see the market is in down trend so we are taking advantage of it , with a continuation tools that is fib retracement