D-AJ
Monthly resistance rejected! Daily candle closed below Open your eyes and look very closely at the chart.
If you can't see anything just follow the following procedure:
(i) Open your MT4/MT5 client terminal
(ii) Withdraw all amount that is available.
(iii) Look for other business ventures to invest in because trading is just not for you!
AUDJPY Long on Fractal Break
Round Number Support tested 3 times prior
Alligator crossover
Fractal Break
AUDJPY BUY STOP ACTIVATEDAnalysis team placed buy stop on AUDJPY @75.60 with 2 targets:
TP1 @76.78
TP2 @77.99
AJ Anthony Joshua smashing through things.....We have 2 support/resistance lines that have been well respected ( you can look and work where out for yourself this time ) because how will you ever learn if people keep pointing these out for you with big colourful arrows :p, We also have a lovely trend line ( TL ) that has been respected despite breaking out it didn't last long and came back up and started respecting it again.
Price is currently sitting at 1 of our support lines and on our TL so we can only see upside movement with this been a double strong setup.
We can possibly see price break through our upper resistance line if buying power is enough, its like Anthony Joshua the heavyweight champ smashing his way through all his opponents, and the pairing and him just happen to have the same initials AJ ;p
AUD/JPY Dropping +50 pipsReasons and FACTS:
1HR Parabolic SAR indicates a bearish reversal
Fake out on trend line indicated strong sell power
ATR is showing a possible rise in Volume and Volatility because we are at very low Volatility right now and at this level Volatility has shown to rise every time.
AU and UJ showing many bear signs and I'm short on both so it would be logical for AJ to drop as well because Aussie is looking weak and JPY is looking strong.
Enter at own risk
AUDJPY Recovery Opportunities OpenThere are several projections of harmonics as shown on the chart above, take the opportunity to buy at the good levels according to your strategy ...
AUDJPY Sell Confirmations:
-4h structure bearish
-Break below the whole # 80.000, came to retest and rejected multiple times
-Trend line rejection (3rd touch)
-Push down then small pullback on 1h, rule of thumb on the 4h
-Fib pullback to 61.8%
-2 very heavy engulfing candles
-MA crossover back to the downside
-JPY strength
*Don't be afraid to lose, all it really is is a paid lesson in the markets, but you need to learn from those lessons or else you will keep paying*
AUDJPY reaching resistanceAJ is reaching a good resistance point, could see a decent drop. Check chart for target.
AJ SHORT H4 H&S, price to move to retest weekly ascending trendline.
Nice short term - to medium term sell
19 - AJ Buy with the higher high breakI buy with the MA20 break and highter high.
in 4H TP around white line.
AJ Potential ShortLooking at exhausted price in the 50% supply area having previously posted a Lower Low signalling a downtrend movement.
AUDJPY weekly bearish rising wedge in the worksBear Case
Bearish rising wedge
Bull Case
Higher recent lows means strength building up for a potentially aggressive pop
AUDJPY notesI believe this to be an area where price will find good support. Reasoning is the support line and the resistance of the triangle acting as support now.
Just an idea that I want to have a record of to see how it plays out, not taking a position.
