AUDJPY Bearish idea Weekly Trend: Bullish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: We are still pretty bearish on AJ. Currently we are looking for strong rejection from resistance and conviction to enter short on. Look to target lower toward 88.000 support. Trade scenario 2: For us to consider AJ bullish we need to see structure in the form...
market has moved down from open this morning and there is clean space to go to the TP2 Aussie is weak today because of elections so heres hoping this works
Good morning traders. AUDJPY currently pulling back up and possibly retest the 90.500. It can possibly pull back to the previous lower high, before going back down. Wait for confirmation before entering. - Target I'm aiming for is 86.000 Hope this analysis actually helps. Feel free to follow and leave your comments below. HAPPY TRADING!!!
First time trying this kind of trade in terms of the type of chart patterns, I have a TP at .780, if hits I will make other position risk free. I may look to open a short once hits final TP.
AUDJPY Bearish idea Weekly Trend: Bullish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: We are looking very bearish here on AJ as we saw a daily head & shoulders pattern execute last week. Going into this week we’re looking for lower highs and rejection from key levels of resistance like 91.000 Trade scenario 2: For us to now consider AJ bullish...
AUDJPY Neutral idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Ranging Trade scenario 1: On higher timeframes we can see AJ has been mainly bullish. Only until we hit 95.000 resistance did we see any sort of reaction. After 95.000 resistance was met we saw a 4hour transition which developed into 4hour ranging/consolidation. Essentially, we have no...
AUDJPY Bearish idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bearish Trade scenario 1: The higher timeframes are mainly bullish but it is clear to see that we are overextended. We even can see monthly wicks and weekly rejection so a reversal may be imminent! On the 4hour we are strongly bearish and this timeframe will be the one to tell us...
AUDJPY Neutral idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: This pair is extremely over extended and the daily timeframe shows that best. We are on the 4hour timeframe on this analysis to showcase the potential for this week. Ideally, price action continues in this steep bearish trend and falls to 91.000 for structure...
AUDJPY Neutral idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Overall we are clearly very bullish on AUDJPY but we are also consolidating at an extreme high. Price action is near resistance but we have not seen any structure in weeks. In other words, we are due for a pullback. At the moment we can only wait so I have...
AUDJPY Neutral idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Price action on this pair is still very overextended. We’re still looking for a massive pullback to correct this rally and form structure. Without structure we can’t do much on this pair just yet. Ideally, we see some consolidation followed by a pullback to...
AUDJPY Neutral idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: We are looking very bullish here on AJ and nothing here suggests otherwise. We have experienced a very large increase in volume which leaves us lacking structure. Before we can consider any trade scenarios we need to see a massive pullback with structure....
AUDJPY Neutral idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Clearly we are bullish but to be honest there is not much we can do with this kind of movement. We need to see clear structure in order to plot a trade scenario so we would need to see a massive pullback then structure before we can do anything. Trade...
Like most Yen pairs, AJ has hit a yearly high zone, I have placed a sell here and looking for a retracement back to previous support levels. Looking at key SR levels and RSI for overbought on high time frames
AUDJPY Bullish idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: To no surprise AJ is super bullish as well. We recently saw AJ break important resistance near 87.000. From here we’re looking for structure in the form of a higher low closer to 87.000. Look for strong rejection candles off this level and enter long on...
AUDJPY Bullish idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: AJ is looking bullish but with a bit of cleaner structure so far compared to AU. Going into this week we’re looking to maintain the overall bullish trend. We’re actually looking for new structure above recently broken resistance around 85.000 Ideally we can...
AUDJPY Bullish idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: AJ is also looking bullish on all major timeframes after we saw a break of 83.250. Now we are waiting for key structure points to enter long on and ride the trend. Ideally, price action forms a higher low closer to 83.250 before continuing higher. Trade...
AUDJPY Bullish idea Weekly Trend: Bearish Daily Trend: Bullish 4Hour Trend: Ranging Trade scenario 1: Recently we have seen AJ turn bullish but since price action met resistance near 83.250 we have been seeing some high volume ranging. Ideally, we can continue bullish and see price action confirm structure with a higher low above 83.250. Trade scenario 2: If...
good parameters to follow regarding aj sell use risk management