Audjpylong
AUDJPY - SWING - 03. NOVE. 2020Welcome to our weekly trade setup ( AUDJPY )!
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1 HOUR
Very bullish pressure above main sr level.
4 HOUR
Expecting more bullish price action..
DAILY
Expecting a turnaround and more upside!
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FOREX SWING
BUY AUDJPY
ENTRY LEVEL @ 73.840
SL @ 73.230
TP @ 74.730
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
AUDJPY Possible to Reverse The Trend Hi, Volume Trader.
The AUD currency weakened for long time against the JPY currency. This results in the AUD pair likely to reverse the bearish trend then become bullish trend.
The best way to trade is to follow the bullish trend when bullish is starting to form or wait for a correction that is likely to occur a little longer.
pm me for the details.
Notes:
1. This is not a suggestion to take financial action
2. VolumeWaveFx is not a licensed financial advisor.
AUDUSD Still in a downward phase +45 PipsWelcome Back.
Please support this idea with LIKE if you find it useful.
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After the bounce that happened, we expected a decline, so it is still falling more and more when it reaches the support, it will return and head towards the upside.
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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 watchlist and see if the rules of your strategy are satisfied.
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
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The information given is not a Financial Advice.
DON'T MISS THE OPPORTUNITY TO BUY AUD/JPY !!GBP / JPY is on a nice buy pattern in H4, a big support is just below, plotted daily. If the price rejects the H4 trendline or the daily support as expected, then I would initiate a long position with good volumes and the price above the VWAP. A good risk reward is also present. Good luck to everyone !
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AUDJPY in a Falling wedge.AUDJPY - Short term - We look to Buy a break
Price is in a falling wedge bullish pattern
Posted a Triple Bottom formation.
Previous resistance located at 74.32.
A break of 74.32 is needed to confirm follow through bullish momentum. Bullish divergence is expected to support prices.
The 50% Fibonacci retracement is located at 75.36 from 76.52 to 74.20.
Risk/reward is ample to call a buy trade.
Our profit targets will be 75.36 and 75.50
Resistance: 74.32 / 74.46 / 75.36
Support: 74.32 / 74.20 / 74.17
AUDJPY EXPECTATIONremember the market tends to issue extended stophunts and ignore trends, but eventually corrects. The pair is losing bearish momentum, though has possibilities of retesting and setting new low of the month before rising.
the extended bearish movement will depend on MM, remember to always apply money management.
if you enter now set your SL 50 pips away
AUDJPY long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
AUDJPY LONG in the short termAUDJPY is position at price @ 75.10 for a bull run. This is a short term analysis.
Overall, we should expect a pullback of price around @ 75.00 and 74.90 and if the price closes below @ 74.90 then our move will be short to the downside with target price @ 73.39 and @ 73.49
I am bullish until the price reaches @ 75.00
Good Luck Traders.