Audjpylong
AUDJPY LONG - Buy Entry - H4 ChartAUDJPY LONG - Buy Entry - H4 Chart
Symbol: AUDJPY
Timeframe: H4
Type: BUY
Entry Price: Buy @ Market
Stop Loss: 82.685
Take Profit: 84.211
🔺 DISCLAIMER
🔺 For educational informational purposes only.
🔺 Analysis may change at any time without notice.
🔺 You must research and create your own trading plan.
AUD/JPY BUY NOW.......
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
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AUD/JPY 4HR CHART SET UP BUYHi everyone this is my trade set up for the AUD/JPY for the new week ahead
AUD/JPY i am expecting a pullback to the order block zones and will be looking for a BUY trade
look for pullback to zones lined off on chart then if it meets your criteria for a trade then execute
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
AUD/JPY oversold to bounce off 200 DMAAUD has been belted lower since the RBA went to lengths to slow down the market pricing in rate hikes.
AUD/JPY has fallen alot less than AUD/USD because of USD/JPY rally since the US inflation numbers on Wednesday restarted the inflation debate.
AUD/JPY is just above the 200 DMA at Y82.80 and we are looking for at least a technical bounce to Y84 but if next week (Tuesday) Australia wage inflation is strong we can see a sharp move back to Y86.
Main risks to trade is US stock market correction or China negative news.
AUDJPY Is Heading Higher To Complete Five-Wave SequenceAUDJPY decline from wave 3 high took the shape of Elliott Wave 3-3-5 sequence known as Flat Pattern. This pattern is a corrective pattern and it is in the position of wave 4 in AUDJPY's case.
Both Wave 2 and 4 follow EW alternation guidelines.
Wave 2 was a sharp and deep correction (retraced 78.6% of wave 1) and Wave 4 correction is a sideway and retraced 38.2 of 3 so far.
If this count is correct, the price should head higher in wave 5 to complete the five-wave impulse sequence.
Other confluence:
Price is rejecting the H4 order block that is lined up with H4 200 EMA.
What's your view on AUDJPY? Let me know in the comment.
AUDJPY FORMING NEW PATTERN?? 28/10/2021DISCLAIMER ON, this is my personal perspective and analysis, audjpy potentially forming bullish Pennant (4 swings) or symmetrical triangle (more then 4 swings) we waiting for the price action ( candle rejection or impulsive bullish candle ) from the square area or waiting for breakup pattern. target price 87.080
AudJpy- Ready for 88After the correction from 85 to 77 strong support, AudJpy has resumed its up-trend, recovered losses, and is trading now just in the old local high zone.
For 2 weeks now the pair is consolidating gains and is putting in a small continuation triangle on our daily chart (visible, of course also on small TFs)
At this point, AudJpy looks ready for a break up and the target could be 88 strong resistance (visible on weekly and monthly)
A drop under 84 would negate this scenario