AUD-JPY - Ascending TriangleAUD-JPY - Ascending Triangle
Bullish on this chart, a break and confirmation above this level, open the door for the next resistance.
AUDJPY
AUD/JPY BEARS ARE GAINING STRENGTH|SHORT
Hello,Friends!
Previous week’s green candle means that for us the AUD/JPY pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 96.612.
✅LIKE AND COMMENT MY IDEAS✅
AUDJPY Hit the top of the Channel Up.The AUDJPY pair has recently hit our long-term bullish Target of 99.300, which we set on our last trading idea (December 18 2023, see chart below):
That was at the top (Higher Highs trend-line) and the 1.136 Fibonacci extension of the 9-month Channel Up. We are technically expecting a pull-back now towards the bottom (Higher Lows trend-line) of the Channel Up and our Target is the 0.382 Fibonacci retracement level at 95.600.
If however the price breaks above the Higher High and the Channel Up, we will have a formation bullish break-out and as a result we will take the small loss on the short and go long instead, targeting the 3.0 Fibonacci extension at 102.700. In that case we will be expecting a rally similar to June 2023, which led to the creation of the current Channel Up.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
AUDJPY BULLISH SHORTWe can see that AUDJPY has consolidated on thr previous 10 candles on our H1 and has failed to break from the structure.
Our pair has tested the FVG already and has been consolidating in our Order Block.
Now we see a bullish being created and we are expecting about 72 pips profits.
Follow me for more analysis
AUDJPY - 1H - Bearish Flag - Short EntryIn this chart we have observed a Bearish Flag, but we also spotted that there is a Bullish Divergence and candle sticks are making HH & HL which indicate it is a Bullish trend.
There might be a chance of UPTREND, but we are following Bearish FLAG and we have executed entry & exit points accordingly.
AUDJPY AUDJPY rebounds strongly from resistance and corrects downwards. We plan to buy on pullbacks while maintaining a stop loss below support.
AUDJPY - Upside move ✅Hello traders!
‼️ This is my perspective on AUDJPY.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long position. I expect continuation of bullish price action as price rejected from bullish order block + FIBO 0.618 level. My target is imbalance higher.
Fundamental news: This week on Wednesday we have news on AUD, will be released yearly CPI, which has high impact on currency.
Like, comment and subscribe to be in touch with my content!
AUD/JPY: Buy Position
The AUD/JPY currency pair has reached the support level of 97.470.
The price of the currency pair is expected to start an uptrend after reaching the support level of 188.431.
The first target for the buy position is 98.800 and the second target is 100.21
Consider your risk management before entering a trade.
Pay attention to economic news and events that may affect the AUD and JPY exchange rates.
AUDJPY BUY | Trading AnalysisHello Traders, here is the full analysis.
The completed correction, recovery and formation, continuation of growth. GOOD LUCK! Great BUY opportunity AUDJPY
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Buy AUDJPY Bullish ChannelThe AUD/JPY pair on the M30 timeframe presents a potential buying opportunity due to the presence of a well-defined bullish channel pattern. This pattern suggests ongoing buying pressure and a higher likelihood of further advances in the coming minutes or hours.
Key Points:
Buy Entry: Consider entering a long position (buying) around the current price of 97.77, positioned near the channel support. This offers an entry point close to potential buying pressure.
Target Levels: Initial bullish targets lie at the previous resistance levels within the channel, now acting as potential support zones: 98.21 and 98.44. Further upside targets could be determined using other technical analysis methods like Fibonacci retracements or extensions.
Stop-Loss: To manage risk, place a stop-loss order below the broken support line of the channel, ideally around 97.60. This helps limit potential losses if the price breaks down and invalidates the bullish pattern.
Thank you
AUDJPY OUTLOOK 4hWe're in a great position for sells.
What do you think?
RBD = Rally Base Drop Supply Zone
Arrows = Inducements
AUDJPY ShortMARKET PHASE
OANDA:AUDJPY is in a long term downtrend (daily) with a short term corrective structure that has been taking place (4 hour).
AREA OF VALUE
Price continued to break new highs within this corrective structure. Eventually, price reached an area where sellers stepped in, resulting in a buildup of liquidity (buy stops, longs, short stop losses) above the corrective structure swing highs. Price violently moved up to trigger the buy stops (liquidity) to pair against the sell orders needed to take price down. Price has started it's initial move down but due to the velocity of the downward move, it's gapped some orders around 97.852. Price is likely to retrace to this level before continuing downwards.
TRADE
I will be entering short on OANDA:AUDJPY with the following parameters:
Sell Limit: 97.852
Stop Loss: 98.002
Take Profit: 97.552
AUDJPY ShortWe have identified a brief confirmation on the AUDJPY H4 chart. The bearish order block (OB) has been retested and confirmed. Now, it's time to renew the demand zone. Risk reward 1:5
AUDJPYAnalysis of the Australian dollar against Japan is weakening, so I plan to buy. I will wait for the price to reach support levels before entering into a purchase deal. My target is 98.017. Good luck!
AUD/JPY H4 | Falling to 61.8% pullback supportAUD/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 97.304 which is a pullback support that aligns with the 61.8% Fibonacci retracement level.
Stop loss is at 97.124 which is a level that aligns with the 78.6% Fibonacci retracement level.
Take profit 1 is at 97.714 which is a pullback resistance that aligns close to the 23.6% Fibonacci retracement level. Risk/Reward Ratio: 1 : 2.28
Take profit 2 is at 98.129 which is a pullback resistance that aligns close to the 0% Fibonacci retracement level. Risk/Reward Ratio: 1 : 4.58
Total risk 1.14%
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
AUDJPY - Short to the imbalance ✅Hello traders!
‼️ This is my perspective on AUDJPY.
Technical analysis: Here I expect bearish price action as price almost filled the imbalance and rejected from bearish order block + institutional big figure 98.000. My target is the imbalance lower.
Fundamental news: Tomorrow we have news with high impact on AUD and JPY, we will see results of Interest Rate, so pay attention to the results in order to validate the analysis.
Like, comment and subscribe to be in touch with my content!
Technical Update - AUDJPY clsing in on strong resistance at 98.2The AUDJPY pair is approaching strong resistance and the 0.618 retracement at around 98.20. A daily close above this level could fuel a rally towards the February peak at 99, with potential up to 100, especially if the RSI supports the bullish view.
If rejected at the resistance, AUDJPY is likely to slide back to 97
AUDJPY possible dropAfter price broke structure to the downside with momentum, it preceded to retrace back towards a very extreme supply zone that it left behind during the expansion. It has currently formed liquidity below this supply zone that it could use to fuel its move further to the downside to break the recently formed weak low. The reason a short would be ideal now is because although we are bullish on larger time frames, we are currently bearish on lower time frames and are riding the retracement of the larger higher time frame move.
AUD/JPY H4 | Falling to 61.8% pullback supportAUD/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 97.325 which is a pullback support that aligns with the 61.8% Fibonacci retracement level.
Stop loss is at 96.750 which is a level that lies underneath a swing-low support.
Take profit is at 98.129 which is a pullback resistance that aligns close to the 61.8% Fibonacci retracement level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
✅AUD_JPY WILL KEEP GROWING|LONG🚀
✅AUD_JPY is trading in a
Long-term uptrend along the
Rising support and after the
Pair retests it I will be
Expecting a swing move up
LONG🚀
✅Like and subscribe to never miss a new idea!✅
