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Audjpylong

AUD/JPY Hey guys, sorry i have been inactive over the last few weeks have had to look into my trading and see where i was messing up. It seems to me that I'm abit to eager for trades and need to take more to for conformation on my setups. But I did short the us100 until Friday where I closed and put my taking straight into this trade. we have a Range the AUD is trading in with a clear strong support and resistance with the FIb retracement tool also backing these lines. On the hourly timeframe we had a massive and strong bullish divergence on the RSI Between the 26/11 to the to the 4/12 with a engulfing bullish candle to confirm the reversal to the upside off support. I Bought Citi warrants and with my 3% target will profit 30% this trade should be done in a few days given the momentum off the support.
Long
by jackwheeler
AUDJPY | The best target to climb📝Hello traders ,AUDJPY in daily timeframe ,The wave count for this currency pair indicates the formation of waves 1, 2, and 3, and possibly wave 4. And now we are in wave 5. The form of wave 5 is the leading triangle and from this triangle we are inside wave 4, we assume that wave four to Fibonacci 0.88 will be corrected compared to wave 3. And in this fibo, the ascent for wave 5 starts from wave 5. If the end of wave 2 is broken, it can be understood that we are still inside wave 4, and if the downward warning sign is broken, this wave count is generally fielded. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
Long
by mahdisoltaninjad
2
Bearish outlook on AUDJPYOn the H2 time frame, we are seeing bearish order flow and a pullback to test its resistance zone at 83.97, in line with the 78.6% fibonacci retracement presents an opportunity to play the drop. RSI is also showing further upside before prices entered the overbought region and Ichimoku is showing signs of bearish pressure, in line with our bearish bias. That said, there is a chance that prices could continue its downtrend from here as it is currently holding below the 100 EMA which acts as dynamic resistance.
Short
by OrtegaCapital
1
A divergence signal appeared with AUDJPYH4 time frame. Structure: Uptrend. Currently, AUDJPY is forming a divergence at the price area of ​​82,000 - the 50% Fibonacci zone of the previous WXY up wave. Here, wait for the price to break the Key level at 84,000 and complete the bullish reversal pattern, then you can find buying opportunities. The profit target is the 87,500 price zone. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
Long
by tradafx
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.
Long
by easyMarkets
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.
Long
by Veejahbee
1