Audjpybuy
AUDJPY And Buy Area (23/7/2020)Please fill the line..!
Note!
Cancel/pending plan few minutes before news! (Medium/high impact news)
Decide your target, manage your risk..!
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Disclaimer
The content on this analysis is subject to change at any time without notice, and is not provided for assisting traders to make decision.
AUDJPY: Remains Bullish until above 72AUDJPY has bounced from the critical support around 72 and the following factors show us upward continuation:
1. Higher highs & Higher Lows
2. Bullish Hidden under formation on 12H chart
3. Bullish Divergence coming in play on 4h chart
Action Plan: Buy once it establishes support above 74.50 with the successful re-test, aiming for the first target at 77 followed by 80.
GOOD LUCK FOR YOUR TRADES !!! PLEASE SHOW YOUR SUPPORT IF YOU LIKED THE IDEA
AUDJPY with BUY and SELL AreaThe Price is approaching it's resistance area.
The Price should going down for some pips, so that we create a special trap:
BUY LIMIT AREA
SL at 71.480 and TP at 73.220.
Then Mr Price should be arrived at SELL AREA, we create a trap again,
SELL LIMIT AREA
SL at 74.060, and TP at 71.480
Have a safe trade, bro..!
Salam,
Negeri di Atas Awan
AUDJPY- BUY OR SELL?Is the price going to respect the up channel?
We have a strong resistance,
but JPY is weak, and the chances
are high to break the resistance.
Wait to break the resistance to have confirmation to buy at 70.70
To sell. We already have two rejects,
it's formed a pin bar but it's not a proper confirmation.
Wait for the price to test the resistance again for a confirmation.