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
Audjpybuy
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.
AUDJPY Long Position Continuation In Near TermAs can be seen in the chart above, AUDJPY is following the trend line very well, and I expect the uptrend to continue in the near term. I feel it will test the next resistance level of 69.800, which is where I have kept my take-profit level. There may be some volatility in the pair because of the upcoming CPI news announcement for AUD, but nonetheless, I feel that the strong uptrend will continue and test the 69.800 levels.
AUDJPY IdeasPrice is curremtly in a failling wedge formation I am currently in on this pair and my TP is 68.902. The reason my TP is here is because we approaching a weekly and monthly SR area that price has not yet broken. We need more confirmation and testing to verfify that this is indeed a fresh uptrend instead of a fakeout. I apologize for the delays as I am still getting all kinks worked out with my trading view and figuring out the best data to post. Happy hunting and keep It SImple Stupid
AUDJPY LONG! Some Stairway Levels To ConsiderBias is Weak JPY Vs Strong(est) AUD (IKR/ No Kidding!) on various time-frames including Daily.
Resultant: Buy/ Long!
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