AUD/JPY Signals Bullish ContinuationHello,
AUD/JPY can be a tricky pair to trade. While it might currently seem poised for a bearish move, bullish momentum is building instead, with the price retesting the 1W Pivot Point. Further upside is expected, confirmed by 1Y-1D SMA/EMA (5-200) !
TradeWithTheTrend3344
AUDJPY trade ideas
AUD/JPY continue with the UptrendOn AUD/JPY , it's nice to see a strong buying reaction at the price of 100.610.
There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again.
GAP + Uptrend and high volume cluster are the main reasons for my decision to go long on this trade.
Happy trading
Dale
AUDJPY, poised for massive recovery! 1000 pip prospect.AUDJPY went on a winning spree this year, creating new ATH week after week before finally meeting a saturation point from its last peak at 109 levels.
As with any parabolic behavior, gravity must play out and it did. The pair corrected with so much weight, trimming down 1500 pips of its recent highs.
Now based on recent daily data metrics, AJ is bound for massive recovery as it is hinting reversal queues already.
Double bottom has been registered. A retraced to 78.6 fib level on its weekly metrics should warrant an upside reversal play.
Major order block at the current price zone should converge a good amount of net buyers. This key area is at the most overextended bargain area already fibwise.
Ideal Seeding opportunity at the current price.
Spotted at 95.0
Target is previous peak at 109.0
TAYOR.
Upward move will continue??Possible move upward. Closed NY last Friday with a bearish candle even tough
the bulls recovering some loss and showing a possible bullish momentum increase.
RSI just below 50. Wait for Monday close.
On the Fundamental side we have critical news for the AUD on Tuesday and
on Thursday for the JPY.
AUDJPY My Opinion! SELL!
My dear subscribers,
This is my opinion on the AUDJPY next move:
The instrument tests an important psychological level 101.08
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 100.37
My Stop Loss - 101.48
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
———————————
WISH YOU ALL LUCK
Lingrid | AUDJPY trend CONTINUATION opportunityThe overall market trend is bullish, and we've observed a complex pullback toward the lower channel border. On the 4H timeframe, FX:AUDJPY broke and closed above the previous higher high, reinforcing the bullish sentiment. At the support level, there was a divergence that suggests a potential upward move is on the horizon. Additionally, recently the market took liquidity below the previous low, creating a false breakout of the support level. This could signal a buildup of buying pressure, particularly as traders may have rushed to sell on the breakout, only to find that the market is still maintaining its bullish structure. Looking ahead, if the price holds above the support level and the divergence continues to play out, we could see a strong upward movement as the market attempts to continue its bullish trend. My goal is resistance zone around 101.130
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
AUDJPY BULLSA HH was created and price had a deep pull back toward the low (demand zone) that created the high. Price closed above 40EMA which signals change in direction but failed to break high in M15 chart. Equal highs = SSL (red arrows). Liquidity is swept in the M1 chart. Wait for price to retest the 40EMA in M1 chart, once it closes above it for buys.
AUDJPY Possible Long Position BBMA OA ReEntry Zone Zero Loss4H - Re-Entry
1H - 50 EMA Rejection + Bollinger Band
Rejection
15m - CSAK + Entry in MALO
Note:
* Cancel trade or cut-loss when candle close Below MAHI (2 Red Color Lines) in 4H
* 1:3 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
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
Positive Risk Sentiment Shift BetFundamentals & Sentiment
AUD:
- Recent economic data is good
- Bullish market internals
JPY:
- Bad PMI data
- October is negative seasonally for JPY
Technical & Other
Setup: S(B)
Setup timeframe: 4h
Trigger: 4h
Medium-term: Sideways
Long-term: Sideways
Min target: 103.0, mirror level
Stop loss: 0.49%
Position size: 0.8R