Price has returned to the daily highs from 4/26/24. Looking for bullish continuation to at least around 104.945 which is a previous weekly high. **This is for educational purposes only and this is not financial advice because I am not a financial advisor.**
What do you think? Arrows = Inducement RBR = Rally Base Rally Demand Zone
AJ reaches the bottom line of the canal and the red US news pushes it north. I expect some pullback and building on h4 some N Waves.
Hi Traders, A possibility to look for sell Entry near the 91.3 area. Can look for entry with a trendline break or we can look for a rejection coming out from the fibonacci level area. My TP will be at 90.1 area. We have new Australian and Japanese news coming in this week. Always trade with a stop loss along with Money management. Avoid over leveraging....
As you can see I have posted this idea yesterday, we have been patiently waiting for the target area to be triggered. Looking forward to take a clean 7.61 Reward on this trade. good execution takes time.. Cheers fxgoldsniper
Here is the Simple and clean analysis on AUDJPY based supply/demand/imbalance. We are looking forward to wait for the price to fill the Supply zone where waits the imbalance. withe the CE we will enter and bring the price down to the demand area which looks very possible. As we are looking to take down the imbalance which awaits on the Demand zone. We are looking...
OANDA:AUDJPY Tight range for this pair. Started to watch this late yesterday and early into todays FX sessions as maybe, just maybe the Aussie's and Japanese market makers would make some moves before the holiday weekend as there were first up in line. Didn't happen, tight range under 70 pips for most of the major pairs. AJ couldn't break below this support...
Hello all! Another Idea here, AJ looking INTERESTING! The pair is in OVERALL DOWNTREND. However, we can look to BUY this pair until it Mitigates the SUPPLY marked on the chart. Will enter of a CONFIRMATION only! Monitor LTF and look for a LONG position when the price touches Demand zone! Take care!
OANDA:AUDJPY Quick short 10pip TP scalp a few hours into Asian session. When the signals line up, nothing to do but enjoy the ride. Trade well (now we stalk another one....)
OANDA:AUDJPY Since this pair gave me an easy small scalp last Asian session, tried for a hard 15TP short play before NY FX & NYSE open, chopped down to about +10pips before pulling back to my tight SL at break even. Tried again, and chopped a little until an hour into NYSE, then gave me my 15pips. Trade well..
Idea did not post, in line with JPY weakness, short term money has been grabbed and butterfly harmonic has been painted. Let's see if market follows through on what could be a big RR trade
OANDA:AUDJPY Short scalp on the pre/post USA inflation report release. Trade well...
A bearish pattern has formed on AUD/JPY on the monthly. Entry stops and targets in chart with best possible r/r ratio. Stay tuned and good luck.
AUDJPY Neutral idea Weekly Trend: Bullish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: Overall we are actually bearish but this large 4hour range is throwing off some lower timeframe trends. As we know, we have to let the range do its thing as it is very likely the range will continue. We specifically are looking for reactions near our key...
After the monthly breakout to the downside there is a lot of orders that the market left behind huge amounts of orders, so I am waiting for the market to pull back to the weekly order block then move towards the downside.
AUDJPY Bearish idea Weekly Trend: Bullish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: We are looking quite bearish on AJ but we are in the process of confirming a retest. Recently, price action rejected 91.000 resistance and started forming a lower high. These are all great signs that price action will continue bearish but we are not convinced...
AUDJPY Neutral idea Weekly Trend: Bullish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: We are overall very bearish looking on AJ but we just hit key support around 91.000. At the moment we may not have any short opportunities but we will be looking for reactions from this zone. The most likely scenario is that price action will go to form...