Audjpybuy
AUDJPY BEARISH CONTINUATION SETUP Hi traders,
The AUDJPY reversed from a key resistance level and broke out of an ascending trendline and support level.
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Currently, the price seems to be building a three-wave ABC zigzag corrective pattern labeled wave 2, and it has the potential to move further lower towards the 75.968 and 75.000 support respectively.
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We will wait for the breakout of the blue counter trend line to confirm the bearish move or breaks below the red horizontal line @ 77.907 for a more conservative entry.
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Thanks for reading!
Veejahbee.
AUDJPY ALERT - Sale is upon us :)AUDJPY has hit the top now. i am expecting this
bulls to come back in now. if it breaks the blue support
line then its should be going up.
Also Stoch RSI is in overbought territory
in the 2H chart.
See previous analysis
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AUDJPY BUY coming - jump in :)AUDJPY has retraced a fair bit now. i am expecting this
buys to come back in now. if it breaks the blue support
line then its should be going down.
Also Stoch RSI is in oversold territory in the 1H chart. so i have getting ready for this to move soon
See previous analysis
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Audjpy - Long OpportunityPrice failed to make a lower low and left a strong exhaustion candle. Then, it broke the consolidation to the up side and came back to the retest on a area that was tested as support several times and left us a strong bullish pinbar. I`m going long as soon as the price breaks the highest point of the bullish pinbar.