Audjpybuy
[AUDJPY W1 Apr 2021]AUDJPY
Long Setup
Continuation trade:
Final target: 91.0000
Bullish kangaroo tail found on H4 timeframe, SL may be placed beneath the tail.
This price also marks the retracement of 61.8% a possible Wave-2. We're entering a possible Wave-3, which is the strongest impulsive wave, according to Elliot Wave Theory
AUDJPY might have resumed its bullish movementAfter some Declination by AUDJPY on the one hour time frame I think the leg has now completed and now ready for a push up which might be targeting the 86 price level.
if the bulls fail I think we we will see 82 range again.
keeping my fingers cross
This is just what I am trading and not a financial advice
AUD/JPY to continue its bullish momentum Hi Traders
AUD/JPY (H1 Timeframe)
A high probability, to go LONG formed @ 84.517 after the market found support @ 84.422, Only the downward break of 84.422 would cancel this bullish scenario.
Trade details:
Entry: 84.517
Stop loss: 84.422
Take profit 1: 84.959
Take profit 2: 85.295
Take profit 3: 85.843
Score: 10
Strategy: Bullish wave-LLTF
AUDJPY - SWING - 03. MAR. 2021Welcome to our weekly trade setup ( AUDJPY )!
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1 HOUR
Bearish pullback in a bullish market structure..
4 HOUR
Pullback formed and price retraced.
DAILY
Expecting more upside pressure now!
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FOREX SWING
BUY AUDJPY
ENTRY LEVEL @ 83.150
SL @ 82.140
TP @ 84.610
Max Risk: 0.5% - 1%!
(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
AUD/JPY LONG SETUPAUD/JPY is an uptrend , and has repeated the bullish flag pattern for the 7th consecutive time .
I expect AUD/JPY to potentially form another bullish flag pattern , continuing the uptrend .
I would enter after the successful retest of the flag after the breakout to confirm the pattern and its move.
The expected movement of the price is drawn by the grey path
AUD/JPY Hit All Targets +200 Pips This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
AUD/JPY LONG SETUPAUD/JPY is in an uptrend since the beginning of the year .
It has been repeating the bullish flag pattern indicating the continuation of the uptrend.
I can see that another potential bullish flag pattern forming , suggesting a strong bullish move that's going to happen .
I will wait for the breakout of the flag and enter after the retest of this flag to confirm the pattern .
This is shown by the grey path drawn .
AUDJPY - LONGLong AUDJPY @ 83.23
TP: 85.00
SL: 82.90
Ive decided to go long AUDJPY as the Aussie has been better bid of late and there has been some nice consolidation around this level which will act as support for the trade (around 83.00 level) as well as fibbo support around this level too.
US dollar is very week at the moment and therefore AUDUSD should continue to grind higher taking AUDJPY with it. The reason I stay out of AUDUSD and go for AUDJPY instead is incase the US dollar rolls over and stats to rally. If this happens, USDJPY will go bid meaning that JPY weakens further thus giving AUDJPY another reason to breakout.
My stop is set just below the 83 level, just for some breathing room. I will need to see a sharp spike below or a daily close below this level before I decide to close out the trade.
Lets hear your thoughts below ...
Goodluck!
AUD/JPY Breaking Higher AgainThis is another trade that hit TP and I was waiting for a retrace for another chance to enter again. It seems to be breaking higher now without much of a retrace so we can monitor this for if and when it retraces back to this support. Once it turns back and then rebounds a long can be entered with a target of 83.928. SL just below the support area.
AUD/JPY New Update And Free 200 Pips In This Analysis This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions