AUDJPY - FOREX - 26. APR. 2021Welcome to our weekly trade setup ( AUDJPY )!
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1 HOUR
Bullish market open.
4 HOUR
Closure above main sr level.
DAILY
Overall bullish market structure, expecting more pressure!
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FOREX SETUP
BUY AUDJPY
ENTRY LEVEL @ 83.730
SL @ 83.165
TP @ 84.530
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
Audjpylong
** AUDJPY ** currently climbing toward TPMorning all, happy tuesday.
The entry price, stop loss (in pipettes) and take profit are shown on the chart itself.
Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress.
My name is Al, I'm 40 and from the UK.
I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can.
Any questions, feel free to drop me a direct message if I can help.
These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too.
This is all for information and education.
Have a great day,
Al.
🙂
PS. Check my other 'Related Ideas' too.
[AUDJPY W1 Apr 2021]AUDJPY
Long Setup
Continuation trade:
Final target: 91.0000
Bullish kangaroo tail found on H4 timeframe, SL may be placed beneath the tail.
This price also marks the retracement of 61.8% a possible Wave-2. We're entering a possible Wave-3, which is the strongest impulsive wave, according to Elliot Wave Theory
AUDJPY - Bullish BiasAUD - BULLISH
1️⃣ The positive risk tone supported the antipodean AUD.
JPY - BEARISH
1️⃣ Rising US yields weighing on the JPY.
2️⃣ Risk-on tone pressured the safe-haven JPY.
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Technical
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We are looking to buy the AUDJPY at RBS + above SMA 50 on the H1 chart.
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Risk to this trade
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Any change in sentiment could turn the pair's direction.
AUDJPY BUY | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis for this pair.
Watch strong action at the current levels for BUY GOOD LUCK! Great BUY opportunity AUDJPY .
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Breakout Identified in AUDJPYThe Breakout Opportunities system has just bought AUDJPY at 84.261. The system recommends entering this trade at any price between 84.117 and 84.41. The signal was issued because the AUDJPY has broken its 24-hour high while our Speculative Sentiment Index was at -2.332, suggesting that the AUDJPY may have further to rise. A stop loss has been set at the 24-hour low of 83.687 and a profit target has been set at the 1 Day ATR level at 84.858. The system will move the stop to the next 24-hour low every time that 24-hour low is higher than the previous 24-hour low. Breakout Opportunities is a breakout strategy that aims to catch the significant moves that typically happen when currencies break through technical support or resistance.
Signal ID: 75566
Time Issued: Wednesday, 31 March 2021 00:53:15 GMT
Status: open
Entry: 84.117 - 84.41
Limit: 84.858
Stop Loss: 83.687
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