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Aud-jpy

AUDJPY tested the 0.5 Fib 🦐AUDJPY on the 4 h chart tested the 0.5 Fibonacci level below a daily resistance. According to Plancton's strategy if the price will break above we will set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
6
AUDJPY facing bullish pressure, potential for further upside!Prices are facing bullish pressure as prices break out of descending trendline resistance in line with horizontal swing low support, 50% Fibonacci retracement and 50% Fibonacci extension. Prices might push up towards horizontal swing high resistance in line with 61.8% Fibonacci retracement and 78.6% Fibonacci extension. If prices push down further, prices might take support from horizontal swing low support in line with 78.6% Fibonacci retracement and 78.6% Fibonacci extension. EMA is also below prices, showing a bullish pressure on prices.
Long
by TradeGATEHub
AUDJPY - FOREX - 13. MAY. 2021Welcome to our weekly trade setup ( AUDJPY )! - 1 HOUR Bearish break below main sr level. 4 HOUR Expecting more price action towards previous support zone. DAILY Overall bearish pressure. - FOREX SETUP SELL AUDJPY ENTRY LEVEL @ 84.750 SL @ 85.240 TP @ 84.090 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Short
by DACapitalTrading
6
AUDJPY 4hour Analysis May 9th, 2021AUDJPY Long idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: We are very bullish on AJ and are now looking to continue with this trend. Currently we’re at a high after a recent break of resistance and we are now waiting for a pullback with new structure formation. Look to enter long after a higher low is confirmed above 84.700. Look to target higher toward negative fib levels. Trade scenario 2: Technically as long as price action is above 84.400 we are very much bullish. So for us to consider short positions we first need to see a break of 84.400 with a lower high below. Look to target lower toward support at 83.300.
Long
by ForexLeague
AUDJPY ready for a break 🦐AUDJPY after the break of the descending channel is approaching the resistance structure . If the market will break above we will set a nice long order according to Plancton's strategy. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
8
AUDJPY - FOREX - 05. MAY. 2021Welcome to our weekly trade setup ( AUDJPY )! - 1 HOUR Bearish pa and pressure towards main sr level. 4 HOUR Price broke below main sr level. DAILY Great bearish market structure.. - FOREX SETUP SELL AUDJPY ENTRY LEVEL @ 84.450 SL @ 84.930 TP @ 83.670 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Short
by DACapitalTrading
11
AUDJPY 4hour Analysis May, 2nd, 2021AUDJPY 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 negative fib levels. Trade scenario 2: For us to consider AJ bearish we need to see a break back below 84.400 with a lower high below. Look to target lower back down toward support near 83.300 which is also our weekly level.
Long
by ForexLeague
1
AUDJPY facing bullish pressure, potential for a bounce!Price is approaching 1st support, in line with 61.8% Fibonacci retracement, 61.8% Fibonacci extension and horizontal overlap support, where we could potentially see a bounce and further rise up to 1st resistance, in line with 78.6% Fibonacci retracement, 78.6% Fibonacci extension and horizontal swing high resistance. Price is also holding above the Ichimoku cloud and ascending trendline support, showing bullish pressure in line with our bullish bias. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Long
by TradeGATEHub
How to Take Advantage of Both Market Directions?Today we will talk about a very common situation that occurs in the vast majority of traders (if not all), especially when we have just started to get into this bussiness. There is a consistent struggle between convictions, ego, and market views or analysis. This generates that we try to see in our analysis what we want to happen, or what we need to happen, and ultimately this the only thing that generates are psychological issues on the trader. The best way to remain calm and be able to trade in a cold and consistent way is to plan in advance all the situations that may occur in the scenario we are analyzing, and how we would act in front of them. In this way, we do not allow ambiguities and we will only take positions if what we are waiting for happens. And, covering both directions, we will not feel that we are missing something if the movement is the opposite of what we expect (as it would happen in case of analyzing only in one direction). In this case we will analyze AUD/JPY to show you how we carry out this analysis: 🔸First, we are going to detail our vision of the daily graph that is the one shown in the publication. 🔸As we can see, the price is in a clear uptrend, and when faced with the Resistance zone it began to consolidate for several weeks. 🔸From there, we didn't see a clear direction. When we detect that there is no type of trend or clear behavior, we stay out of the market and wait for an opportunity to happen where we can establish a clear horizon. 🔸What we propose to trade this pair is that there is a brekaout. It can be in a bullish or bearish direction. In case of being bullish, it must be from the Resistance zone and in case it is bearish it must be from the trend line. 🔸We are going to decrease the timeframe to show exactly what we expect: 🔸In this image we see the 4H chart. 🔸Basically what we detail is that we expect a break and then a retest / corrective structure. This is because it is a security add-on to avoid potential fakeouts (the trade can fail anyway, of course). 🔸Once we see the retest, we will have a new swing or structure to be able to position our entry and stop loss safely, with a favorable risk-benefit ratio. 🔸The targets are: Resistance zone in case of bullish breakout, and Support zone in case of bullish breakout.
Education
by ThinkingAntsOk