Audjpylong
Buy the retracement on AUDJPYHello traders
At the previous week's low, a bullish Order Block has been created which has led to the creation of a breaker block.
After the price rallied up high it retested the breaker block and created a bullish order block within it. I look forward to see the price rally higher to take out the liquidity on the upside.
AUDJPY: Bullish recovery?AUDJPY
Intraday - We look to Buy a break of 91.00 (stop at 90.10)
Previous support located at 90.00. Previous resistance located at 91.00. Price action looks to be forming a bottom. A move through 91.00 will confirm the bullish momentum.
Our profit targets will be 93.00 and 93.25
Resistance: 91.00 / 91.50 / 93.00
Support: 90.00 / 89.75 / 89.50
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AUDJPY LONGS ACTIVE 📉📉📉AUDJPY - LONGS ACTIVE ✅ sell side liquidity + weekly lows liquidity has been taken out. Expecting bullish price action from this area as we have to fill the bearish imbalances, the price also rejected a D1 bullish orderblock area + retail traders are short on this pair.
Retail herd positions average - 68% short positons = LONG SIGNAL ✅
What do you think ? Comment below..
Finally AUD/JPY Closed Above Res,Long Entry After D ConfirmationThis 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 Ascending TriangleThe AUD/JPY is at the yearly high. Having successfully crafted an Ascending Triangle pattern to confirm the presence of buyers in the market amid the peace talk between Russia and Ukraine.
Technically - If the price gives a sound rebound above the 94.00 psychological level, the pair could experience another surge in price and mark 96.55 as the next stop or move further ahead to 2015 high.
AUDJPY | RANGE IN PLAYAUDJPY | RANGE IN PLAY
AUDJPY after making a high of 94.325, price drop sharply and bulls push it again to make same high with double top pattern.
Since then we see rejection in the price. Currently price is consolidating in a range. We are expecting this range will give a breakout below and price can see the 91 level again.
Trade your levels accordingly.