AUDJPY Neutral idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: On higher timeframes AJ has been bullish but on the 4hour we’re seeing that price action has been stuck in a range. The most likely scenario would be for price action to reverse at support and continue with this range. Trade scenario 2: For us to consider AJ...
AUDJPY Long idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Overall we’re very bullish on higher timeframes but we can see that AJ is in a range. For us to comfortably continue with the bullish trend we ideally need to see a higher low above 85.100 zone. Look to enter long after a break and retest with the confirmed higher...
sat at a huge weekly resistance ive gone short on the current price action
AUDJPY Short idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bearish Trade scenario 1: All timeframes above the 4hour have been bullish for a while. We can see price action just formed a 4hr lower high and is showing bearish conviction. Look to enter on more bearish setups and potentially a retest of recently broken support near 84.400. Target lower...
AUDJPY Long idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: We are very bullish on this pair and all timeframes show that. Currently we are looking for a pullback and reversal near our 61.8% fib level & 84.700 support level to enter long on. Look to target higher toward prior highs. Trade scenario 2: For us to consider AJ...
AUDJPY Long idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bearish Trade scenario 1: Overall we are very bullish on all significant timeframes and we recently broke key resistance at 84.400. Now we are waiting to confirm a higher low and 84.400 as new support. Look to enter long on proper confirmation and target higher toward our 0% fib level and...
* Multiple touches on daily trendline * Test on 78.60% fib * 4h wicks (Price tried to break 78.60% level 5 times and didn't succeed) * On 1h timeframe we have bullish structure, price is consolidating in bullish triangle pattern. When to enter? - When price break triangle/structure on 1H tf + price closing below 78.60% fib level on 4h timeframe.
AUDJPY Long idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bearish Trade scenario 1: Overall we are bullish on AJ but we can clearly see that price action is stuck within a range. Ideally, we continue with the bullish trend and catch a long opportunity off a strong bullish reversal at the current level. Look to enter long on a 30min/1hr break of...
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AUDJPY Short idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bearish Trade scenario 1: Higher timeframes are bullish but we have been seeing some high volume ranging happening on this pair. Currently price action on the 4hour is pushing lower and could present some great short opportunities. Look for a break and retest of 83.300 with a lower high...
been stuck for a couple of days could we see the bears take over 👍
IM NOT F*****G LEAVING! AUD/JPY LOOKS good to buy on daily chart , reverse engineer this process and we could see higher gold and lower oil . dont be surprised for a dxy reversal and a long set up occuring in /USD pairs. after this sell of presents a good time to buy FEAR. and we LOVE fear.
IM NOT F*****G LEAVING! AUD/JPY LOOKS good to buy on daily chart, reverse engineer this process and we could see higher gold and lower oil. dont be surprised for a dxy reversal and a long set up occuring in /USD pairs. after this sell of presents a good time to buy FEAR. and we LOVE fear.
We're long now! Closing above 74.60 was key to seeing the Double Bottom validated and not just consolidation and weekly support. Now we've had multiple bullish daily closes (good size candles as well), we have confirmation of the Double Bottom off that order block at 74.20 and are looking for buys to add to our current open position (running around...