Audjpydaily
AUDJPY - head and shoulderI am looking for entry points. Where is the small stop loss.
and then I estimate the profit potential.
entry strictly after the break out
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
AUDJPY downtrend Support and Resistance levels
It continues as it recently rebounded of the support of June 2016 and january 2019 and also the resistance of january 2020.
TRENDLINE
It also did touch the trendline of november 2014, november 2017 and did touch it again after the same 3 years difference in november 2020.
Head and shoulder pattern
we can see it at the resistance of november/december 2019 and november 2020 according to the monthly timeframe.
GOLD BOXES ARE TP AREAS FOR DAILY SWING TRADERS
These are all proof that the chance of following the downtrend big is.
.... Im not a pro trader btw.
AudJpy- 77 is strong sell zoneLike all "risk", AudJpy flew yesterday and ended the day just under significant resistance from 77.
I expect this resistance to hold and the pair could fall to 75 in the next period.
Sell rallies is my strategy for this pair and only a daily close above 77 would change my bearish perspective
AUDJPY - SHORTSelling a clip of AUDJPY here at 73.86 ahead of the 73.94 pivot and breakdown area that held on Friday. As long as 74.45 fibbo resistance holds, I remain a seller of the rallies going into the RBA meeting. RSI indicates that the market is overbought and the momentum should start to turn towards the downside.
I will sell a 2nd clip around 74.10 if we get there.
Short at 73.86
SL around 74.45
TP around 73.13 fibbo support.
AUDJPY - sell biased in a descending channelHi all traders,
This is a video analysis on audjpy.
I hope you like this video as i have updated some new levels which traders can take note of for next week selling in audjpy.
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AUDJPY - sell biasedHi all traders.
Good morning!
This is a video analysis on audjpy
I have pre-warn 2 levels inside the video that traders could take note and start selling it if they traded those areas.
Please help to like and share this video with all your friends.
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AUDJPY (L AS IN LONG)We can see price is moving in a 4hr upward trendline also creating a break and retest of the 76.500 weekly support level. At the moment price created a counter-trendline within the 4hr trendline. We are waiting for a candlestick formation along with a break of the counter-trendline to enter. Tps are set to recent price history.
AUDJPY - sell biasedHi all traders,
by now, u would have made alot of pips just following this pair of AUDJPY. Congratulations on it.
Now for the next setup for AUDJPY.
Im looking for the close below the trend line.
IF the trend line is broken.
I am gonna look for further weakness in this pair till we reach the next support.
Plan your trade nicely and you should be able to scoop tons of pips from this idea.
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**Disclaimer: All trade ideas are of my own personal view. It's not a financial advice. Thanks!**
Cheers everyone!
audjpy - buy biasedHi all traders.
For now, its an uptrend especially with the break out of the ascending triangle.
But be careful of any fakeout out of the trend line then continue strongly upwards especially on tues AUD cash rate news.
IF trend line is not broken, then we should expect continuation upwards
Cheers!
Trend reversal in AUDJPY?AUDJPY could be creating a tripe top formation after price failed to break the 76.90 resistance level. AUDJPY has also dropped below the supportive trend line that I have drawn in my chart.
If price stays below this supportive trend line then it will likely that AUDJPY will continue to drop.