FX:AUDJPY OANDA:AUDJPY
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!
Round Number Support tested 3 times prior Alligator crossover Fractal Break
Analysis team placed buy stop on AUDJPY @75.60 with 2 targets: TP1 @76.78 TP2 @77.99
Retest of broken resistance looking to buy to next daily resistance.
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...
Reasons 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...
There are several projections of harmonics as shown on the chart above, take the opportunity to buy at the good levels according to your strategy ...
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...
AJ is reaching a good resistance point, could see a decent drop. Check chart for target.
H&S, price to move to retest weekly ascending trendline. Nice short term - to medium term sell