Get started

Audjpyanalysis

AUDJPY | The best scenario for climbing📝Hello traders , AUDJPY in daily timeframe , In this symbol, waves 1, 2, 3 and possibly wave 4 are formed and now we are inside wave 5. As we said in the previous analysis, we considered wave 5 as a leading triangle, and from this wave, waves 1, 2 and 3 are formed very normally. But Wave 4 has corrected Wave 3 more than usual, making it somewhat unreliable. Given that Wave 4 reacts very well to the beginning of Wave 3, it considers the same scenario, and we think this is the recent ascent for Wave 5 from Wave 5. This wave is a weak wave based on the previous waves and it may not be able to move more than Fibo 0.618 and if this Fibo is broken, the ascent to Fibo 1.00 will be confirmed. If the bottom of the canal, the red circle, is broken downwards, there is no hope of continuing the upward movement. If the downward warning signal is broken, the wave count will enter a new phase and will be a confirmation for the start of wave b. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
Long
by mahdisoltaninjad
AUDJPY | Sell opportunity. Get ready!If you find this technical analysis useful, please like & share our ideas with the community. Coming to the technical analysis of AUDJPY , I think we are going to see a downward movement. If you are going to go short now, make sure to place the stop below the previous resistance area . What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis. Good Luck! Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Short
by MaxProfHacker
AUDJPY | The best scenario for climbing📝Hello traders , AUDJPY in daily timeframe , In this currency pair, waves 1, 2, 3 and possibly wave 4 are formed and now we are inside wave 5. As we said in the previous analysis, we considered wave 5 as a progressive triangle, and from this wave, waves 1, 2 and 3 are formed very normally. But Wave 4 has corrected Wave 3 more than usual, making it somewhat unreliable. ... Given that Wave 4 reacts very well to the beginning of Wave 3, it considers the same scenario, and we think this is the recent ascent for Wave 5 from Wave 5. This wave is a weak wave based on the previous waves and may not move above Fibo 0.618, and if this Fibo breaks, the rise to Fibo 1.00 is confirmed. If the support of the downward warning signal is broken, the wave count will be fielded and the form of wave formation will change. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
Long
by mahdisoltaninjad
Looking for bearish continuation AUDJPY (13 Dec, 2021)No one would argue that this pair has been bearish since Nov. this year. But for the past 10 days, it has been correcting within a channel structure. On close study of price action, I feel that it may be ready to breakout of the channel and resume the down trend. If this correction continues and took price up to the resistance at 82.38, that would be excellent. That would be an ideal location to take a short down to the supports located at 80.33 and 78.90. In case that does not happen, I would still be interested to take a short trade and look for an opportunity to pull the trigger. If you like my analysis, please give it a “thumbs up” and follow me to get immediate notifications. Always use sound money and risk management in all your trades.
Short
by Trading_Vista
AUD/JPY: Following the Channel! What’s up guys and welcome to my profile, my name is Gianni and today I’m going to analyse the AUD/JPY, translating the market information with a full technical analysis on different time frames. For a better understanding of my market perspective, let’s have a quick look on the monthly timeframe: After a strong bearish impulse performed during the last month, the market is now retesting a strong s/r level. Few doji candles are a clue of strong demand on that area, so there is a possibility to see a new movement to the upside. Switching to the weekly timeframe: A huge uptrend followed by a retracement, reaching the support level at about 0.50%/0.618% of fibonacci, usually an area where price start consolidating before a trend continuation or a trend change. The last bullish engulfing could be a sign that the market is changing its perspective from bearish to neutral. On the daily timeframe: The price is consolidating inside the fair value area, the most market activity is happening on the top of the value area, and focusing as well on the three rejections from the demand zone, you can see how the buyers are aggressively pushing the price back inside the area, all signs that the buyers are getting the control of the market. Back to the 4 hours timeframe: The market is moving following a clear uptrend! Now let’s analyse more in detail: The market is forming a falling wedge, testing now the dynamic support of the ascending channel. I will be waiting for the breakout of this pattern before entering long on this trade, looking for a good entry point with a RRR of 1:2. I would place my SL below the channel and the first TP at about the middle of the channel, the second TP on the dynamic resistance. If you enjoy this trade idea, support my work with a thumb up and don’t forget to follow my profile for more detailed technical analyses! Trade safe and responsibly, Gianni DISCLAIMER Please note the views are not investment advice and should be used only for educational purpose
Long
by UnknownUnicorn18552923
6
AUDJPY Long with 3 Confluences. List of Confluences: 1: Trendline Breakout 2: Key level Breakout around 81.73* 3: Inverse Head and Shoulder Pattern Summary: This setup has a risk reward (RR) of 3.75 to 1. We can see a trendline breakout on the daily time frame, which indicates a possible bullish move. A key level breakout is also visible on the daily time frame around 81.73*. This shows a change in market structure from bearish to bullish. Inverse head and shoulders pattern has formed in the daily time frame which further supports a possible bullish move.
Long
by NDOBObanks
AUDJPY Head & Shoulders - Daily TimeframeAUDJPY Head & Shoulders - Daily Timeframe AUD High Impact News Releases: HIA New Home Sales - Tuesday, December 14th 00:00 New home sales in Australia are based on poll results derived from state-wide estimates applying weights based on financial year market shares of private residence commencements. The previous release was 11.1 and the consensus for the upcoming release is 3.2. NAB Business Confidence - Tuesday, December 14th 00:30 The National Australia Bank's poll of market confidence is based on a telephone survey of around 600 small, medium, and large non-agricultural businesses. A simple average of trading, profitability and employment indicators stated by respondents for their selected businesses are used to generate the surveys estimates for business conditions for the upcoming release. The previous release was 21 and the consensus for the upcoming release is 23 with 26 being the ATH (All-Time High) since 2018.
Short
by OfficialKieranTrewick
AUDJPY | The best scenario for climbing📝Hello traders , AUDJPY in daily timeframe , In this currency pair, waves 1, 2, 3 and possibly wave 4 are formed and now we are inside wave 5. As we said in the previous analysis, we considered wave 5 as a progressive triangle, and from this triangle, waves 1, 2 and 3 are formed very normally. But Wave 4 has corrected Wave 3 more than usual, making it somewhat unreliable. Given that Wave 4 reacts very well to the beginning of Wave 3, we consider the same scenario and expect to start climbing for Wave 5. If the support of the downward warning signal is broken, the wave count will be fielded and the form of wave formation will change. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
Long
by mahdisoltaninjad
1