Follow and stay tunedAs the note says, it's tricky figuring where to upload it as it will be a long video 4mins - 6 mins roughly but i'll probably get to it tonight or sunday morning
AUDJPY trade ideas
USDJPY DOUBLE SELL CONFIRMATIONBroken out from a major Rising wedge + the sideways 'bearish Box formation', this pair is a lucrative Hawkish Policy as the JPY ids ever strong this week.
I look forward to a 4-hours Confirmation from the double top pattern which will prompt my bearish entry.
For private signals and insights of the market, feel free to Message me personally.
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Bullish Momentum Holds for AUDJPY Despite DownturnHello Everyone,
Despite the recent dip, AUDJPY is anticipated to maintain its bullish trajectory. The support levels have demonstrated resilience and effectiveness throughout this period.
TradeWithTheTrend3344
AUDJPYaudjpy is currently retesting 97.348 level of support for the third time creating a triple bottom chart pattern. right now seems to be forming a rejection candle on the 1hr - 4hr time frame, i dont thinking its ready to break out of our correction zone, standby for bullish candle confirmation, before anything.
sentiment to the upward trendPersonal opinion of the analysis of the Australian dollar and Japanese yen currency pair: the currency pair is in the ascending channel in the daily time frame. The first scenario, in case of support, the support range is 97.40, the possibility of the price going up to the targets of 98.62 and 98.76.
The second scenario, if the range of 97.40 is broken, the price will move towards the targets of 97.07 and 96.21.
Our debate outlookThis is a snapshot of what we're arguing about, if you want to copy please do at your own risk. If we're unsure I cannot recommend to copy us.
Dont copy, just watch We are looking at this pair with an internal debate, 50% of the team say short and 50% of the team say long
AUDJPYRetesting 1h-4hr resistance level for the third time (triple top) waiting for rejection + confirmation before sell off
ShortLooking back at the idea I posted yesterday, price is about to enter a short which I will hold into next week.
Yemi_Fx1 | BEARISH SETUP ON AUDJPY Maintaining a sell bias on AUDJPY based on the presence of a well-defined sell structure.
On the 1-hour timeframe (1HTF) shows the bearish bias is further supported by a potential continuation pattern in the form of an ascending wedge, with price currently testing resistance.
Be aware that today's high-impact Non-Farm Payroll (NFP) data release could cause price to break out of the ascending wedge resistance before moving in it main direction.
I anticipate a potential third touch of the ascending wedge's resistance. If price rejects this level, we can look for a confirmation shorting signal(A flag )on a lower timeframe (e.g., 15-minute chart) to enter the trade.
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AUD/JPY Outlook Hinges on Response to 50-Day SMAAUD/JPY appears to be stuck in a narrow range, but the exchange rate may track the positive slope in the 50-Day SMA (97.37) as it holds above the moving average.
AUD/JPY Rate Outlook
AUD/JPY may attempt to retrace the decline from the February high (99.06) if it breaks out of the opening range for March, with a break/close above the 98.77 (2022 high) to 99.00 (61.8% Fibonacci extension) region opening up 100.90 (78.6% Fibonacci extension).
However, failure to track the positive slope in the moving average may push AUD/JPY towards the 96.10 (78.6% Fibonacci retracement) to 96.20 (38.2% Fibonacci extension) area, with the next region of interest coming in around the February low (95.50).
--- Written by David Song, Strategist
AUDJPY LongWeekly chart is respecting the bullish weekly fair value gap.
DOL is the weekly swing high.
We are seeing H4 bearish levels get disrespected today. I'd like to see these levels get retested and respected as bullish arrays to then look for m15 bullish displacement entries.
FYIThis is a quick insight to how we trade, any questions please DM me or comment.
LOOK FOR CONFIRMATIONS BEFORE ENTERING
What is the conversation between broker and Market makerBroker shows this to market maker:
This guy SL is still here, please go and get it.
Market maker: Alright i will make sure he gave up on this trade forever
Me: Enter trade again
AUDJPY short ideaThe Chart is self explanatory
Just 1-2-3 touch on higher timeframe and a correction to the downside
AUDJPY LONGWatch price action on lower time frame to catch the long trade.
15 mins and 5 mins orderblocks.
Aud/Jpy buy idea 7/3/2024Price formed double bottom at daily zone, been making higher higgs and lows. Previous day closed bullish. Price has pulled back into the lows and if it maintains above we should see a fortvur bullish move.
AUD JPY LOOK FOR LONGS!!! ATOMIC IS COMIG!!!I know not everyone understand price action for most people its way better to look at useless charts with trend lines butterfly patters. But watch this don't participate just watch how its fly. ))))
ADUJPY buy !!Price is bouncing back from a very strong demand area and price action also confirming that. Also that area a very strong Support as well. First tp is 25 pips. Please do not risk more than 2% from your account per trade from your capital.
AUD/JPY H4 | Potential bearish momentumAUD/JPY is falling towards a potential breakout level and could drop lower from here.
Sell entry is at 97.361 which is a potential breakout level (wait for the current 1-hour candle to close below 97.361 for confirmation of the bearish breakout).
Stop loss is at 97.900 which is a level that sits above a pullback resistance.
Take profit is at 96.850 which is an overlap support that aligns with a confluence of Fibonacci levels i.e. the 61.8% retracement and the 78.6% projection.
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AUDJPY: BUYPossible buy setup forming for AJ. I took of note of the liquidity below, that price may purge before going in the intended direction; so to be safe my stoploss is large in case I set a buy/sell limit if plan to be away from the charts. But as usual I'll look for confirmation before placing a trade.
AUDJPYhello everyone, price made double bottom first from the main support, now today it break the resistance level, main target is 99, if price remain bullish..
good luck
