AUDJPY LongThe price formed a bearish flag, broke out at the lowest trend line, thus forming a bear trap. I am anticipating that the price will continue with the bullish momentum.
My entry position is at 92.1 just above the previous HH( I am using the pullback strategy for my trade).
My stop loss is at 91.1, at the end of the bullish engulfing candle of the trend. My Target R:R is 1:3, where my targets are 93.1, 94.1 , 95.1.
Kindly, do not risk more than 1-2 % of your account and if the trade will be activated, move your SL when the first target is hit!
Audjpylong
AUDJPY, Aussie to continue to growHi Traders,
Australian dollar is shaping up to continue its upside run as the current price action is looking bullish. Price failed to break the low of Oct 16th and instead is climbing higher towards the upper boundary of a flag pattern which I'm looking for a clean impulse breakout followed by a LTF correction to confirm a buy opportunity.
Trade Safe
Thanks
20 REASON FOR LONG AUD JPY🤑TOP DOWN ANALYSIS OVERVIEW🤑
🧐Eagle eye: Bear at bottom consolidation since 32 years
Monthly: After Feb of 2009 monthly time frame is in the total consolidation range bond, and the price also breaches the previous high OB
weekly: from march 2020 in a weekly time frame, a clear Bull run is started and also fill out the previous low OB and also makes some buy signals
1 Structure analysis time frame: Daily after a deep retracement and without breach protected low now price is sideways, but the bull is more substantial, so we always seek long entry
2 target time frame: Weekly
3 Current Move: sideways
4 Entry Time Frame: h4
4.1 Entry TF Structure: Narrow this time
4.2 entry move: Narrow
5 Support resistance base: Trend line
6 FIB:
7-candle Pattern: Narrow range
8 Chart Pattern: Triangle
9 Volume: Increase day-by-day total volume supports from march 2022
10 Momentum UNCONVENTIONAL Rsi: Sideways between 40/60
11 Volatility measure Bollinger bands: Tight squeeze
12-strength ADX: Sideways
13 Sentiment ROC: Japanese yen is the weakest currency in the majors
14 final comments: the bull is strong. Seek long entries only
15: decision: buy at trend line breakout
16 Entry: 94.223
17 Stop losel: 93.630
18 Take profit: 9990
19 Risk to reward Ratio: 1:11
Excepted Duration: 30 days
Buying AUDJPY at swing lows.AUDJPY - Intraday - We look to Buy at 93.00 (stop at 92.45)
Previous support located at 93.50.
Previous resistance located at 94.00.
A lower correction is expected.
Risk/Reward would be poor to call a buy from current levels.
A move through 94.00 will confirm the bullish momentum.
Our profit targets will be 94.38 and 94.98
Resistance: 94.00 / 95.00 / 95.50
Support: 93.50 / 93.00 / 92.50
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Audjpy rising from TL
Hi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about FX:AUDJPY
We can see formation of falling battern
So we are expecting a strong rise near resistence.
This is my opinion, I really hope this will be useful for you.
This is not a financial advice. Always take trade at your own risk,
Be ready and take care your money. Have a great profit !
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AUDJPY: Wait for the dip?!AUDJPY
Intraday - We look to Buy at 93.75 (stop at 93.20)
Previous support located at 94,00. Previous resistance located at 95.00. Indecisive price action has resulted in sideways congestion on the intraday chart. Risk/Reward would be poor to call a buy from current levels. A move through 95.00 will confirm the bullish momentum.
Our profit targets will be 95.75 and 96.00
Resistance: 95.00 / 95.75 / 96.00
Support: 94.00 / 93.75 / 93.50
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AUDJPY LONGAUDJPY remains bullish on higher time frames. This is clear as we can see price continues to make higher highs and higher lows.
We have also spotted a counter trendline breakout in the direction of the bigger picture trend, which singles the potential end
of a pull back and the start of a continuation to the upside.
Tue 18th October 2022 AUD/JPY Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a AUD/JPY Buy. Enjoy the day all. Cheers. Jim
Tue 4th October 2022 AUD/JPY Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a AUD/JPY Buy. Enjoy the day all. Cheers. Jim
AUDJPY - Long from bullish orderblock ✅Hello traders!
⁉️This is my analysis on AUDJPY.
Here we are in a bullish market structure from a higher timeframe perspective, so I am looking only for longs. I expect price to continue the retracement and if price fills the imbalanc below and rejects from bullish orderblock + institutional big figure 91.000 I will open a long position.
Pay attention on news about Cash Rate on AUD that will be announced on Tuesday. If we see an increase of rate, it means strong AUD, that will support our move.
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AUDJPY / BUY TRADE SETUP!!Ill be monitoring price around the highlighted zone (91.650) early next week to see how price reacts. We should see a bounce at the least which ill be taking long trades to give myself the opportunity to hopefully see price return to the resistance of 95.700. On the daily you can see we have already had one rejection from this support zone, so a nice morning star formation on the daily would be a good indication to take entry's! As always trade smart risk appropriately!!
Ace Trading Academy - AUDJPY Retest Trade Explained Now!Watch Video for an update on AUDJPY! All trading zones are explained and a potential retest trade is described with the Fibonacci tool.
Target Areas are also explained!
Ace Trading Academy
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AUDJPY - Potential Long Opportunity.Hi Traders,
We have a potential long opportunity here for AUDJPY. The reasoning is highlighted within the chart using annotations. I hope that it is clear; any questions, please feel free to PM me or drop a comment down below.
Let's see how this plays out.
Thanks for taking the time to read!
- SilencedTrader
*Disclaimer*
I am not a financial advisor. This post is strictly for educational purposes only. Trading involves substantial risk of loss and is not suitable for every investor. Protect your capital at all costs.
Enter anything I post at your own risk and discretion.
AUDJPY - LONG trade ideaIn line with daily structure continuing to be bullish, price continues to decline down to our entry level. Target is recent high (liquidity).
Look for entries on lower timeframe within this region for higher RR.
Taking the trade as shown provides approx. 10RR.
Not financial advice.
Be patient, wait for price to hit entry region and enter trade only on PRICE ACTION confirmation only.
Pink Beard Trader