AUD/JPY LongIn 15-min Chart, we can see that the market came from a downtrend, after a Change of Character the Market became an uptrend, which is also the case in a 4H-Chart, so I decide to go long after a BOS.
AUDJPY trade ideas
AUDJPY Possible Long Position BBMA OA Zone ReEntry Zero Loss4H - Re-Entry
1H - 50 EMA Rejection + Bollinger Band
Rejection
15m - Entry in MAHILO
Note:
* Cancel trade or cut-loss when candle close Above MAHI (2 Green Color Lines) in 4H
* 1:3 RRR
* TAYOR
* Every trade has a possibility to change its direction
A combination of multiple moving averages and Bollinger Bands is the BBMA OMA Ally strategy. It provides an extensive and reliable examination of market trends and patterns by utilizing the strength of both indicators. It is a multi-time frame analysis
I am using the BBMA OA ReEntry Zone Zero Loss Strategy as a basic reaction to recent market events, rather than attempting to forecast the market's future course
AUDJPY Long! 17/5/24Buy when the price on the buy zone (green color box).
SL - 101.699
TP - 106.160
After the first trade, when the price move in the planned direction (Long).
Then 2 trade x2 with:
SL - 102.301
TP - 106.160
Good luck!
A little down timecheck out some of my ideas. also I don't take every trade idea that you see here
these are assumptions before price action completes and confirms. The point of my ideas are to predict price action everyone knows that's next to impossible but I'm having fun.
I am not a professional trader nor am I technical . all ideas are based on what I understand price to be. when I see certain confluences that aligns with my trading strategy, I then look for my opportunity to enter trades.
Good luck and happy trading
AUDJPY Buy Signal AlertDear Traders,
We have identified a potential buying opportunity for the AUDJPY currency pair based on a combination of technical and market analysis.
Our strategy has suggested the following trade parameters:
- Direction: Buy
- Enter Price: 106.89
- Take Profit: 107.27933333
- Stop Loss: 106.18333333
Our projection indicates a bullish trend due to several key factors:
1. Market Sentiment: Recent economic data from Australia suggests a stronger-than-expected performance in GDP growth, which bodes well for the AUD. Simultaneously, there is a favorable outlook for riskier assets, enhancing the demand for the Australian Dollar.
2. Technical Analysis: The pair has broken through major resistance levels, indicating a potential uptrend. Additionally, there's a convergence in moving averages that supports bullish movement.
3. JPY Weakness: The Japanese Yen has recently shown signs of weakening due to the Bank of Japan's dovish monetary policy stance. This dovish stance, coupled with lower yields on Japanese government bonds, has decreased demand for the Yen.
Our forecast was generated using the EASY Quantum Ai strategy, ensuring a blend of quantitative analysis and artificial intelligence for a highly robust signal.
Please monitor the price levels closely and adjust your trading strategy as needed.
Happy Trading!
Best regards,
Your Trading Signals Team
Elliott Wave Intraday Analysis on AUDJPY Looking to End Wave 5Short Term Elliott Wave in AUDJPY suggests rally from 6.4.2024 low is in progress as a 5 waves impulse structure. Up from 6.4.2024 low, wave 1 ended at 104.8 and pullback in wave 2 ended at 103.57. Internal subdivision of wave 2 unfolded as a zigzag where wave ((a)) ended at 103.6, wave ((b)) ended at 104.27, and wave ((c)) lower ended at 103.56. This completed wave 2 in higher degree and the pair has turned higher in wave 3. Up from wave 2, wave ((i)) ended at 104.38 and pullback in wave ((ii)) ended at 104.
Pair has extended higher in wave ((iii)). Up from wave ((ii)), wave (i) ended at 104.78 and dips in wave (ii) ended at 104.38. Pair extended higher in wave (iii) towards 105.96 and pullback in wave (iv) ended at 105.45. Final leg wave (v) ended at 106.33 which completed wave ((iii)). Pullback in wave ((iv)) ended at 105.56. Pair has extended higher in wave ((v)) with internal as another impulse in lesser degree. Up from wave ((iv)), wave (i) ended at 106.39 and dips in wave (ii) ended at 105.90. Wave (iii) higher ended at 106.96. Expect pullback in wave (iv) before it resumes higher. Near term, as far as pivot at 103.56 low stays intact, expect dips to find support in 3, 7, or 11 swing for further upside.
AUD/JPY Eyes 2007 with RSI in Overbought ZoneAUD/JPY may attempt to test the 2007 high (107.82) as it breaks out of the range bound price action from earlier this week.
AUD/JPY Rate Outlook
AUD/JPY trades to a fresh yearly high (106.95) with the recent rally in the exchange rate pushing the Relative Strength Index (RSI) into overbought territory.
The move above 70 in the RSI is likely to be accompanied by a further advance in AUD/JPY like the price action from earlier this year, with a breach above the 2007 high (107.82) opening up the 110.10 (61.8% Fibonacci extension) to 110.60 (161.8% Fibonacci extension) region.
Nevertheless, the RSI may show the bullish momentum abating should it struggle to hold above 70, with a move below 105.50 (50% Fibonacci extension) bringing the 102.85 (November 2014 high) to 103.40 (100% Fibonacci extension) area on the radar.
--- Written by David Song, Strategist at FOREX.com
AUDJPY - Sell StopAUDJPY bullish momentum decreases and we can see the bearish divergence forming.
If it breaks the low of previous candle, chances are, bears will continue the price to push down.
Momentum Unstoppable: AUDJPY Buy Using My RSAI Blueprint StrategIn this video, I'll be discussing a recent buy position I took on AUDJPY using my effective RSAI Blueprint strategy. The trade capitalized on strong momentum, and despite sentiment shifts, the trend remained unphased.
I’ll walk you through my analysis and the factors that influenced my decision to go long on AUDJPY. You'll see how the RSAI Blueprint strategy identifies key indicators that signal robust trading opportunities.
Join me as I break down the specifics of this trade, showcasing how the RSAI Blueprint strategy can consistently capture winning trades even amidst shifting market sentiments. Don't forget to like, comment, and subscribe for more insights and updates on profitable trading strategies.
AUD/JPY BEST PLACE TO SELL FROM|SHORT
Hello,Friends!
AUD-JPY uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 104.460 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the AUD/JPY pair.
✅LIKE AND COMMENT MY IDEAS✅
Bearish divergence in AUDJPYA bearish divergence is observed in AUDJPY currency pair in a four-hourly timeframe. The current upward trend is expected to reverse into a downtrend. If the last HL is broken and a new LH is formed, taking a short position will be a good point.
Extended on daily time frame, potential shortAnalysis: Price can be seen as extended on the daily time frame as price closed higher for consecutive days. As such, we expect a retracement to be due soon with the minor support level as initial target.
Short opportunity: Short at market reopening as High Risk trade towards 105.586 as Take Profit - 1 level.
EUR/AUD Long and AUD/JPY ShortEUR/AUD Long
Minimum entry requirements:
• 1H impulse up above area of interest.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, risk entry within it or reduced risk entry on the break of it.
AUD/JPY Short
Minimum entry requirements:
• 1H impulse down below area of interest.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, risk entry within it or reduced risk entry on the break of it.
AUDJPY 60 - Rising Wedge Emerging : 2 days agoRising Wedge identified at 6/22 01:00. This pattern
is still in the process of forming. Possible bullish price
movement towards the resistance 106.54 within the next 5 hours.
Expiry Date/Time: 6/23 19:22
#AUDJPY
According to the analysis of a few months ago, it is on the way to achieving its goals, and it is currently an upward trend
AUDJPY Possible Long Position RZZL4H - Re-Entry
1h - 50 EMA Rejection + Bollinger Band Rejection
15m - Entry in MAHILO
Note:
* Cancel trade or cut-loss when candle close Below MALO (2 Red Color Lines) in 4H
* 1:2 RRR
* TAYOR
A combination of multiple moving averages and Bollinger Bands is the BBMA OMA Ally strategy. It provides an extensive and reliable examination of market trends and patterns by utilizing the strength of both indicators. It is a multi-time frame analysis. In conclusion, trading BBMA Strategy is a straightforward and effective trading strategy that combines two popular technical indicators to identify potential trading opportunities in the forex market
audjpy sell signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
When Rejection Will Occur on AUDJPYI see a Fibonacci cluster in the price range of 106.374-106.253 that we can use for a short entry opportunity. The price might stop its upward movement in this range or continue rising after forming a lower high first in the 104.927-104.869 range. If measured using Fibonacci, this price shows a retracement of 0.5 from the latest lower high formation or 0.385 if measured from the major lower high movement.
It's important to note that the measurement is done at this moment before a higher high is formed. To see the exact retracement level, we need to wait for the higher high to form in that area.
For entry, it is advisable to wait for a rejection candle on a smaller timeframe. A stop loss distance of 65 pips is suggested as a reference to achieve a 1:2 risk-reward ratio. Since we do not know how far the price might spike, a 1:2 risk-reward ratio should be sufficient to avoid being taken out by stop loss hunters due to a fake breakout.
Stop Loss (SL): 106.922 (65 pips)
Take Profit (TP): 104.972
Risk-Reward Ratio (R:R): 1:2
AUDJPYAUDJPY we hope that the economic announcement inflation failed YoY will propel the price to 104.050 sa would give us a nice correction of the price.
Forecast 20/06/24 Daily forecast of main pairs on watch
All views are strictly ideas and not financial advice
AUD JPY- Short Set UpLooks like a extended rally. Will look to short at the break of 105.320. Have my sell stop / entry at 105.320
Entry - 105.320
Stoploss - 105.641
tp-1 - 104.999
tp-2 - 104.678
#Trading #Technical #Crypto #Stocks #commodities
Reached 16 years high, liquidity only below.Everything is pretty much on the chart. But looking at fundamental, there is no way the BOJ will let it go further, they will do as always and bring it back down. Take the ride down, feel free to target any of the demand zone or just manage the trade with trailing S/L, I'm gonna let it run as far as a swing trade can allow it.
Be safe!!
