AUDJPY Bearish idea Weekly Trend: Bullish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: We are clearly bearish on the 4hour timeframe with a good amount of volume present. We want to continue bearish so ideally we see this double top form and price action starts to fall. Look for a confirmed lower high below our 93.000 zone for short...
AUDJPY Bearish idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bearish Trade scenario 1: Looking massively bearish on DXY from last week. Currently, price action is sitting at a low near our 93.000 level. Ideally price action forms clear structure by pulling back to our 38.2% fib level then rejecting. Trade scenario 2: On the other hand price...
AUDJPY Neutral idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Overall we are extremely bullish on AJ but how price action is acting around our 95.000 zone makes this chart tricky. Ideally, we reverse near 95.000, as the pair is overextended, and start forming strong bearish characteristics. Trade scenario 2: For this...
Looking for price to take out Thursday's High and continue to take out BSL (buy side liquidity) from 6/28/22
AUDJPY Bullish idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Back to bullish for AJ. We recently broke a 4hour bearish trend when price action pushed through our 92.850 zone. Going into this week we’re looking to continue bullish. Ideally we can spot some quality higher lows close to our 61.8% fib level for entry...
AUDJPY Bullish idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bearish Trade scenario 1: We are clearly bearish on AJ and it looks like we are going to continue with this bearish trend into the week based on what we can see right now. Ideally, we spot a strong reversal near 92.850 with price action forming a lower high below. Look to enter short on...
Bias: Open Market Cycle Phase: n/a Open bias due to sideways PA, safest MP's are absolute high/low of the range. Ive also added 93,30 due to it being the weekly low and in confluence with VP.
AUDJPY Neutral idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: We are still overall bullish on AJ but we are clearly ranging here on the 4hour timeframe. From here, the most likely scenario is that the range will continue. Trade scenario 2: For us to consider AJ bullish again on this 4hour timeframe we need to see a break...
Good day everyone! I am seeing a potential pullback on the 4hr timeframe. Looking at the daily candle close for confirmation and lower timeframe for possible reversal. Seeing an unmitigated zone on the daily timeframe, waiting on a pullback to that zone and look for potential reversal for possible selloff all the way down to the daily POI. This will take some...
Good morning traders, possible selloff on AJ on the daily. Liquidity has been taken from the upside, now we must be vigilant on how the daily candle closes and if any formations come with the move down. Possible double bottoms or wedge formation. This trade is only taken on the daily. FVG was filled yesterday. - AXY has been on a bearish trend for a while,...
AUDJPY Bullish idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: We are still overall bullish on AJ and we can identify our key zone around 93.000. As long as we are above 93.000 we are generally bullish. Look for strong rejection off 93.000 with clear characteristics of a bullish trend. Look to ride the trend and only enter...
AUDJPY Bullish idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: We are looking bullish on AJ and we are currently seeing a pullback to our 95.000 support zone. How price action reacts at this zone will determine where we look for trades next. Ideally, price action forms structure and continues higher. Look to enter long on...
Looking for a short on AJ due to it reaching a resistance point, may have entered too early, but only time will tell...
AUDJPY Neutral idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: All timeframes are back to bullish as we saw a massive rally last week all the way up to 95.000 resistance. From here we’re expecting some sort of reaction but we are far from any trade scenarios. For us to consider long scenarios further on AJ we need to see...
AUDJPY Bullish idea Weekly Trend: Bullish Daily Trend: Bearish 4Hour Trend: Bullish Trade scenario 1: AJ is looking newly bullish as we broke back above 91.000 resistance. From here we’re looking for new structure in the form of a higher low close to 91.000. Look to target higher toward 92.850 Trade scenario 2: For us to consider AJ bearish we need to break...
I made a setup for this trade last night, however I didn't place it as I had a comfortable profit of about 2% for the day and was going away from my desk, annoyed I didnt place it, however its still nice to see your analysis being correct! Very nice trade, not dipping into the L area and just tipping over the TP before reversing.
market has broken uptrend and given sell signal to go dowm