Get started

Audjpybuy

AUD/JPY Has Broken ResistanceThis has broken above the previous high and is now retracing back to test it as a support. A long can be entered here if we see the rejection. MACD and EMA's are bullish, especially on the daily timeframe. I have set 2 take profit targets, I originally was only looking to reach TP 2 but that could be too ambitious and who knows what can change in the time it would take to get there. TP 1 is a good target as well and still makes for a good risk/reward ratio.
Long
by olly48
4
AUDJPY - head and shoulders What Is a Head And Shoulders Pattern? A head and shoulders pattern is a chart formation that appears as a baseline with three peaks, the outside two are close in height and the middle is highest. In technical analysis , a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal. The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward trend is nearing its end. locally I will look for an entry point. Globally the growth began.
Long
by Yuriy_Bishko
14
AUDJPY, 4hr tf, buy strong resistance breakoutHello my friends, For today we are going to buy AUDJPY pairs. This 76.95 has acted as strong support and resistance previously. Today we finally see price closd above it with an engulfin candle as well. Because price took down 76.95 as resistance, then it will now become a support and i believe it is going to be a strong support We could see AUDJPY continue north to 77.70 area. This is a 3R setup trade so it is worth to take in my opinion. Buy AUDJPY 76.95 Stop loss 76.70 Take profit 77.70 (3R) RR ratio 1 : 3 Use only 1-2% risk Good luck
Long
by HayatoDragonFX
1
AUDJPY 180 pips bounce was expected will it reach September highAUDJPY ********* ⏳H4 chart 🎲 Detailed analysis ⛳️Bullish entry / Alternative bearish entry —————-❇️——————- Detailed analysis 💬 1️⃣ Bullish flag formation 76.000 support 2️⃣ 76.550 October month high 3️⃣ Positive risk sentiment, Vaccine news 4️⃣ 75.800 50% Fibonacci Dynamic support and resistance 5️⃣ 78.450 September high acted as strong resistance-Key trend reversal area 6️⃣ 75.640 Point of control - Volume profile 7️⃣ Technical support - Bullish 8️⃣ 78.450 will acted as key reversal-bearish 9️⃣ AUDPY trading within a broad rising channel 🔟 Possible swing target-78.450 #️⃣ Overall long-term trend- Bullish —————-❇️——————- 📉 Technical bias-Day-Bullish Price is above 50,100,200 Exponential moving average 50 Exponential moving average will act as support-Bullish Relative strength index - well above 60 - Bullish trend MACD -Histogram is still in green zone, Oscillators are pointing upward Stochastic - Reached around 75- overbought condition will give a short term fall back expected Ichimoku cloud -cloud is still red and about to turn as green-Price is well above the cloud Bollinger band- Price reached around the upper side of the band-Short term bearish correction towards middle band was expected —————-✳️——————- Key reversal area's 72.000 psychological level 75.640 Point of control area Volume analysis 78.350 Sep month high 76.200 Break and retest area 78.000 Major psychological level 76.450 Possible entry- Bull 78.350 Sep month high/ Alternative bearish entry —————-✳️——————- [bBullish entry #yen #kiwi #nzdjpy Entry price - 76.450 Take profit 01 - 77.300 Take profit 02 - 78.350 🚫 Stop lose 79.950 ⬆️ 2.49 Growth expected ⤴️ Account growth .65: 2.49 ✅ Risk reward ratio 1 : 3.8 —————-⚜️——————- Push the like button , And cheer up if you found useful
Long
by forexorbit
AUDJPY - SWING - 23. NOVE. 2020Welcome to our weekly trade setup ( AUDJPY )! - 1 HOUR Bullish market open and pressure. 4 HOUR Overall bullish market structure with a pullback. DAILY Expecting further upside movement! - FOREX SWING BUY AUDJPY ENTRY LEVEL @ 75.940 SL @ 75.470 TP @ 76.610 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
Long
by DACapitalTrading
19
AUDJPY - SWING - 03. NOVE. 2020Welcome to our weekly trade setup ( AUDJPY )! - 1 HOUR Very bullish pressure above main sr level. 4 HOUR Expecting more bullish price action.. DAILY Expecting a turnaround and more upside! - FOREX SWING BUY AUDJPY ENTRY LEVEL @ 73.840 SL @ 73.230 TP @ 74.730 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
Long
by DACapitalTrading
28