AUDJPYAUDJPY
Recently AUDJPY has broken the descending triangle pattern and went further up
The next target would be 66.860
Long Positions may open at current level which is 67.120
Potential take profit will be 66.800 level which is also a major resistance level
Stop lose may placed below the 66.740 level
Leave your valuable comments below
Audjpybuy
AUDJPY LONG! Price currently trapped at Buy-Zone Daily Charts Upside targets marked for potential Buy/ Long strategy.
Not included here is trend line that could lag Long setup.
Check comments section momentarily for any potential update/s to this trade-setup.
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AUDJPY - FOREX - 24. FEB. 2020Welcome to our weekly trade setup ( AUDJPY )!
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1 HOUR
Bearish market open towards previous lows.
4 HOUR
Sideways moving market structure at its low.
DAILY
Great long entries, prices very low now.
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FOREX SETUP
BUY AUDJPY
ENTRY LEVEL @ 73.485
SL @ 73.060
TP @ 74.330
RR: 2.0
Use 0.5% risk!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
AJ developing a bullish channelmoment of writing, AJ is testing the 74.000 zone which is a neckline. from the previous lows, we see a rejection at the 618. I expect
a little more accumulation before going to the next bullish breakout. we can expect this kind of movements in the next week.
like you see, the extension levels are located inside the bullish uptrend. the numbers for the next week will give us more direction.
AUDJPY reversed from resistance, potential drop!
AUDJPY reversed off its resistance at 75.815 where it could potentially drop further to 74.960.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
AUDJPY bounced from support, potential for a further rise!
AUDJPY bounced off 75.513 where it could potentially rise further to 76.247.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
AUDJPY bounced, potential for a further rise!
AUDJPY bounced off 75.844 where it could potentially rise further to 76.700.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
AUDJPY approaching resistance, look out for potential reversal!
AUDJPY is approaching its resistance at 75.920 where it is could reverse down to its support at 75.260.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.