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.
AUDJPY trade ideas
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
AUDJPY | MY MIND TERM VIEW | 1hThis is my current view of AUDJPY. What do you think?
The Doji = indecision?? 😂🤦
DBR = Drob Base Rally
Long buddy!!!Target area was hit
Hope yours was as well.
Possible another long entry developing for the rest of the week
AUDJPY ShortDaily chart has seen AUDJPY respecting premium daily levels (rejecting from Daily SIBI).
The idea of this trade is that price has traded up into the daily imbalance, and rejected from it, so I now expect price to seek external range liquidity in the form of old lows on the daily chart.
I want to see bullish arrays get disrespected and bearish arrays respected to then look for m5/m15 bearish displacement for short entry.
HIGH PROBABILITY SWING TRADE ON AUDJPYAs we can see on AUDJPY that it broke out of the marked strong AOI and came down to retest it as support while retesting it has formed a double bottom pattern so we can look for buying opportunities.
TP1 - 99.00
TP2 - 99.50
TP3 - 100
AUDJPY outlook Waiting for price to pull into the unmitigated demand after taking out liquidity for buys as we are still bullish
AUDJPYH4 has respect the demand zone btn point 97.56-9730. we expecting more bull until 97.98 where will be 1 tp and the 2 tp at the daily resistance 98.60.
AUD/JPY H4 | Potential bearish breakoutAUD/JPY could fall towards a potential breakout level and fall lower towards our take-profit target.
Entry: 97.360
Why we like it:
There is a potential breakout level (wait for 1-hour candle to close below 97.360 for a breakout confirmation)
Stop Loss: 97.815
Why we like it:
There is a pullback resistance level
Take Profit: 96.849
Why we like it:
There is an overlap support that aligns with the 61.8% Fibonacci retracement level
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long Buddy!!!I Have liquidity taken imo. Divergence and one more confluence for my Long entry Target area at 98.200 in 20-40hrs
Trade safely my friends
AUDJPY - LONG idea after reach supply zoneAfter a bullish rally for the AUD there was a correction which wasn't reach 0.5 FIBO. Now the price is moving to down side which is positive for JPY. It is good idea to look for double bottom combined with candlestick pattern ot diviregence on some of oscillators and the entry could be a good for long position. Very important is that we expect new for the AUD which could have significant effect.
