Weekend Chart Mark-up's : AUD JPY If you are looking for a buy or a sell I feel price will use these prior zones to find its way through structure in price movement .
Aud-jpy
AUDJPY looking for a retracement 🦐AUDJPY on the daily chart has been moving inside an uptrending channel.
Recently the market broke the weekly resistance and went up till the daily trendline.
Price got perfectly rejected and now is lookg for a retracement.
ON the 4h timeframe we can expect the price to reach the minor structure at the 0.382 fib level and probably go for a test of the weekly support.
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Follow the Shrimp 🦐
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 Plancton0618 strategy will trigger.
AUDJPY Intraday: AU data + ST chart means sell ralliesHi
Australian data (weak GDP, RBA below hawkish expectations and Retail sales overnight) plus short term chart are against the bulls.
If we add negative sentiment during the New York session (still 2 hours and anything can happen there), we do have good ground for short positions;
Selling rallies towards 77.55 / 75
Stop above 77.95
Target 76.15
Good luck
AUDJPY testing downside confirmation , further drop expected ! Price is facing bearish pressure from our downside confirmation, where we could see a further drop towards 1st support at 77.13 if price breaks below downside confirmation at 77.61. MACD is also indicating more bearishness to come.
AUD/JPY has broke below Descending triangle.AUD/JPY has broke the key support of this triangle located at 78.015.
I expect the price from current price to drop about 45 pips, which is my T ake profit .
Place your stop loss above the downtrend line of the descending triangle.
Tibor.
AUDJPY testing downside confirmation , further drop expected ! Price is facing bearish pressure from our downside confirmation, where we could see a further drop towards 1st support at 77.43 if price breaks below downside confirmation at 77.90. MACD is also indicating more bearishness to come.
AUD/JPYAud/Jpy we are waiting for it to come to the retest in area 76,800 where we will definitely be interested in long.
AUDJPY testing 1st resistance , further drop expected ! Price is facing bearish pressure from our 1st resistance where the 127.2% fib extension is. We could see a further drop towards 1st support at 77.90 at the horizontal pullback support. MACD is also indicating more bearishness to come.
Possible Short for this weekCould see a drop and retest of the triangle AJ broke out of. I don't usually trade against the trend but this looks pretty safe. Run a tight stop.
AUDJPY testing 1st resistance , further drop expected ! Price is facing bearish pressure from our 1st resistance where the horizontal swing high lines up with the 61.8% fib extension. We could see a further drop towards 1st support at 77.10 at the horizontal swing low. MACD is also indicating more bearishness to come.
AUDJPY 4hour Analysis August 30th, 2020AUDJPY Long idea
Overall we are very bullish on AUDJPY and we are going to continue looking for long opportunities.
Where current price action is we can not make a high probability trade. Ideally we want to see structure form, look for a retracement to either the 38.2% or 61.8% fib level with a confirmed higher low.
Look to enter on strong bullish setups confirming a continuation to the upside. Target toward the prior high and key fib levels.
AUDJPY- EW BREAKDOWNSo price broke out of the triangle finally and is now in 5th and final bull wave, of course we could always seen an extended wave but I'll cross bridge if it happens. Once price reaches 79.9XX area that is where we could see a major reversal, for one that area would be 1.618 of Wave 4 and also it is the .618 Fib Level of the September 2017 Swing High, so it should be major resistance. If you are not longing this pair there may still be a chance to get in if there is a nice retracement but otherwise hold up and prepare to short the ABC pattern. Check out chart and my other ideas to. Good luck!
AUDJPY breaking a weekly resistance 🦐AYDJPY after the retracement on the weekly structure around 73.200 area started a new bullish move.
Market hit the previous recent high around 76.600 and got rejected twice starting a range between the daily support and the weekly resistance.
Currently the market seem to push the price for a break and is the candle will close above we can look for a nice long order according with Plancton's strategy.
–––––
Follow the Shrimp 🦐
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 Plancton0618 strategy will trigger.
AUDJPY testing the upside confirmation, potential for a bounce !
AUDJPY is testing the upside confirmation, we might see a further bounce if price closes above the level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks
AUDJPY approaching 1st resistance, potential for a drop!AUDJPY is approaching 1st resistance where the horizontal swing high is and it could potentially drop to the 1st support.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUD JPY SELL (AUSTRALIAN DOLLAR - JAPANESE YEN)Hi there. Price is forming a reversal pattern to change its direction. Watch strong price action at the current levels for sell.
AUDJPY approaching resistance, potential drop! AUDJPY reversed off its resistance at the horizontal swing high where it could potentially drop further to 1st support.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDJPY Price has started testing R2 in our bearish zone! This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Let’s make some money together!
AUDJPY approaching resistance, potential drop expected!AUDJPY reversed off its resistance at 76.28 where the horizontal swing high is where it could potentially drop further to 1st support.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDJPY reversing from 1st resistance , further drop expected! Price is facing bearish pressure from our 1st resistance, where we could see a further drop towards 1st support. Ichimoku is also indicating more bearishness to come .
NZDJPY-8hr's-- Good Chance To Shoring Now 📍__**Hello all traders
NZD/JPY Setup / Analysis
🕐 2HR'S Chart
📋 Educational
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🗒 Just browsing through my analysis means a lot to me.
➡️ Please follow the analysis very carefully and every detail of the chart means a lot. And always entry depends on many reasons carefully studied
Always enter into deals when there are more than 5 reasons
combined
Key Technical / Reason's Short Position's
🔰66.500 Target Reversal
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Reversal Gap Support
Reversal Trend Formation
Reversal 0 Level
Reversal Mid line for Major Down Channel
Year low + Value Area
__🔰Entry Reversal
-------69.450 Area
Month low /week low
Trend Break + Down Trend
Inner Down Channel Formation
High Volume Impact
Head & Shoulder Pattern Break Out
AUD/JPY
ShOrt Down " 69.450 - 69.400
Take Profit " 60 PIP / 120 PIP / 180 PIP / 240 PIP
Stop loss " 60 PIP
📍Risk 2.5 % : 5 %
➕Account Growth Expecting " 5 % : 20%
❗️Risk : Reward 1 : 4
