Audjpylong
AUDJPY Analysis Post BOJ Yen moveAUDJPY jumps after BOJ leaves yield curve range untouched.
Hi, and thanks for looking at today’s update. Today we are analysing the daily AUDJPY after the BOJ left the yield curve as is after last month's shock adjustment. The market may have been looking for further moves today, which might be why we saw heavy selling on the Japanese Yen.
Today’s video analysis runs over the last move price action after the shock sell-off and today’s rally. Are a series of higher lows starting to tell us that the market is trying to start a new trend? Today buyers have beaten the range, but we would like to see 91.70 and 93 beaten to show buyers have a new trend underway.
Enjoy your Wednesday, and good trading.
Great risk and reward trade AUDJPYLONG 1hrHere are the few points i am looking for this trade
1. After a double top, price had a massive down wave and we dont see any consolidation (Showing price is ranging in bigger time frame )
2. Ranging market condition Price often stop and keep going the same dirction as it stop (see other JPY pair)
3. Price is doing a break out set up and sitting in a major level
4. My rules are only trade Flag pattern Weakness concolidate / strong break out
5. Great risk and reward
6. We need to see a nice strong momentum break out before entry (Trigger)
AUDJPY can make a H/HAudjp is exactly moving according my previous analysis ( tagged ).
We are in sell positions in audjpy and now here is some update.
History from previous days, Market formed double bottom and nicely push back to the bearish trend line resistance.
And that are the area we sell from.
Now we can see market make new high from last high and higher low from last low.
If market sustain it higher low then we follow the new bullish chanel, targets mentioned in chart.
Always trade safe and must use SL.
AudJpy- A really beautiful chart suggeting a rise to 95In my video from Saturday, I discussed that traders should look very closely at Jpy pairs because a resumption of the long-term bullish trend could have started, and on my Monday written analysis I draw attention to AudJpy that was on the verge of an upbreak above double bottom's neckline.
This, indeed, happened and this break is also confirmed at this moment.
Continuation to the upside is probable at this moment and, after a clear break above the falling trend line's resistance, the pair could reach the 95 zone.
93 is also a resistance level that you should be aware of if, indeed, we continue to the upside.
A drop back under the broken level would negate this bullish scenario.
AUDJPY - Selloff expected ✅Hello traders!
‼️ This is my analysis on AUDJPY .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect bearish price action from here, as price filled the imbalance and rejected from bearish orderblock.
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AudJpy could rise back to 95 zoneAfter a touch of support in the first trading day of the year, AudJpy strongly reversed with a daily rise of around 300 pips (3%).
This rise stopped in 91 horizontal resistance and the pair started to consolidate gains.
A double bottom pattern could play out soon and this could lead to a break of the descending trend line.
In such an instance the pair could rise further and the next obvious resistance is at 95.
AUDJPY - Short from bearish orderblock ✅Hello traders!
‼️ This is my analysis on AUDJPY .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish orderblock.
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AUDJPY-LONG
-Price will continue previous week bullish trend but wait for price to react to area of entry, please make sure that you use correct risk management.
-Remember trading against the trend may not be suitable for everyone, so if you have any doubt than do not take this setup and wait for price to change its character
CADJPY Long PlanContinue the Wyckoff methodology and Volume Profile series, today I will do the analysis CADJPY. As we see after CADJPY went down from 110.2 to 99.5, the price hold in this area for more than 14 days - price range around under 2%. I did statistics from Jan 2022 until now, if the price is holding in the price range under 2% from 14 - 21 days, CADJPY will have a chance to pump. If the price reverse to the 99.67 - 99.42 area, I will do a long trade at 99.67 and the 2nd entry is 99.4, then hold it to 104.67
Once again, this setup looks very basic, but it's really effective. Let's follow the plan and see what will happen.
Diamond Formation on AUDJPY waiting for a breakoutDiamond has formed on AUDJPY.
The previous direction was up, so there is a slight higher chance of the price breaking up.
There are two scenarios that can play technically.
Break up from the pattern and the target is 99.59
Breakdown and the target is 85.75
Now we wait.
AUDJPY - Short from bearish orderblock ✅Hello traders!
‼️ This is my analysis on AUDJPY .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I have 2 POI, first one I see price to start bearish price action from here as price rejected from bearish orderblock or it could go higher to fill the imbalance and to reject from bearish orderblock around 93.500
‼️Attention!!! Due to the fact that we have a lot of news events upcoming week, the analysis can be invalidated.
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Mon 12th December 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 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!
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