Aud-jpy
AUDJPY 4hour Analysis January 3rd, 2020AUDJPY Long idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: AJ is very bullish, we just saw a major break of resistance at 79.000. From here we want to see a pullback to form structure and a higher low above 79.000. Look to enter long on proper confirmation and a moving average cross. Target higher toward our negative fib levels.
Trade scenario 2: For us to consider short scenarios we need to see a break and retest of 79.000. Look to enter short after a confirmed lower high and target lower toward key levels of support.
AUDJPY LONG!?Hey traders,
Hope you all had a great Christmas.
Right now AUDJPY is currently breaking resistance with strong bullish momentum, if we see price close above this area we can expect the market to continue the bullish trend.
I will be risking 1% and looking for a 3% return. My SL will be roughly 15-20 pips and my TP will be 45-60 pips. (Depending on my SL)
If you wish to use this idea, please enter at your own risk and use good risk management (YOU DONT NEED TO USE MY SL AND TP, IF YOU WISH TO USE YOUR OWN THAT'S FINE)
If you find this idea helpful...
Please feel free to like👍
Follow for more ideas❤
Drop a comment below on what you think🗨
Good luck on your trades.
AUD JPY SHORTAfter breaking a trendline support audjpy has retested higher against the trendline and 4 hour resistance zone. Other indications of short include 4 hour stochasticrsi and momentum churning bearish at this level with additional confirmation of 4 hour bearish engulfing candle at this point. I will short for a minimum 1:2 ratio .
AUDJPY 4hour Analysis December 27th, 2020AUDJPY Long idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Still very bullish on this pair. Looking to continue with the trend and enter long at key fib levels. Currently we’re looking for a pullback to form structure at our 38.2% fib level. From here we will look for bullish confirmations to enter long on. Look to target higher toward negative fib levels and key resistance around 79.000
Trade scenario 2: If price action goes bearish we won't consider short positions until we see a break of 77.900 with a lower high below. From there target lower toward key support at 77.000 and potentially lower.
AUDJPY retesting 1st resistance, potential to reverse from thereAUDJPY is retesting our 1st resistance at 78.598, in line with our 78.6% fib extension and trendline resistance, where we could see a further drop towards our first support target where the 61.8% fib retracement is. Stochastics is also signaling that the price could reverse further from recent resistance level .
AUDJPY testing 1st resistance , further drop expected ! AUDJPY is approaching our 1st resistance at 78.598, in line with our 78.6% fib extension and trendline resistance, where we could see a potential reversal towards our first support target where the 61.8% fib retracement is. Stochastics is also signaling that the price could reverse further from recent resistance level .
AUDJPY testing 1st resistance , further drop expected AUDJPY is approaching our 1st resistance at 78.598, in line with our 78.6% fib extension and trendline resistance, where we could see a potential reversal towards our first support target where the 61.8% fib retracement is. Stochastics is also signaling that the price could reverse further from recent resistance level .
AUDJPY is reversing from our first resistance, more downside !AUDJPY is reversign from our 1st resistance at 78.598, in line with our 78.6% fib extension and trendline resistance, where we could see a further drop towards our first support target where the 61.8% fib retracement is. Stochastics is also signaling that the price could reverse further from recent resistance level .
AUDJPY is facing bearish pressure from our first resistance !AUDJPY is approaching our 1st resistance at 78.598, in line with our 78.6% fib extension and trendline resistance, where we could see a potential reversal towards our first support target where the 61.8% fib retracement is. Stochastics is also signaling that the price could reverse further from recent resistance level .
AUDJPY on a channel test 🦐AUDJPY after the break above the 77 area created another impulse until the 78.700 area, inside a channel.
The price couldn't create new highs and start a ranging move between 2 structures.
IF the price will break and close below and consequently break the channel we will set a nice short 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.
Leave a comment that is helpful or encouraging. Let's master the markets together
💡Don't miss the great sell opportunity in AUDJPYTrading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (78.11).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDJPY is in a range bound and the beginning of downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 30.
Take Profits:
TP1= @ 77.46
TP2= @ 76.96
TP3= @ 76.50
TP4= @ 75.42
TP5= @ 74.90
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great sell opportunity in AUDJPYTrading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (78.11).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDJPY is in a range bound and the beginning of downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 30.
Take Profits:
TP1= @ 77.46
TP2= @ 76.96
TP3= @ 76.50
TP4= @ 75.42
TP5= @ 74.90
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Potential AUDJPY LONG?Hey guys,
Next week Ill be looking for potential AUDJPY longs, if you seen my previous AUDJPY idea, I had stated that if price breaks the bullish flag we may see the current trend continue, price broke the trendline resistance and is currently being respected. AUD has been very bullish lately however price is currently at resistance, if this level is broken, we can expect price to continue to the upside however we will need to see strong bullish candles to confirm this move before entering a long position.
If you find this idea helpful...
Please feel free to like👍
Follow us for more ideas💙
Drop a comment below on what you think🗨
Good luck on your trades and Merry Christmas🎁
AUDJPY 4hour Analysis December 20th, 2020AUDJPY Long idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Looking to continue with the bullish trend. Right now we could see price action pullback and test 78.450 again or price action could continue with bullish momentum into our 79.000 resistance level with no pullback.
Trade scenario 2: For us to consider short positions we need to see a major break and retest below 78.450 with a confirmed lower high below.