Audjpylong
AUDJPY, JPY weakening ...Elections could make things pretty messed up so be careful..
AUD gained serious momentum as JPY getting
weaker but technically correction is completed.
If 76 rejection zone breaks
then proper BULL RUN will occur.
74 seems to be a Demand zone.
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
Technical AUDJPY Swing Long 1:10+ Expectations are a rise.
Instructions - if trade flat or has not moved by Monday 26th October 3pm BST, take small loss or small profit.
Idea will be updated.
Trade with caution, this is not financial advice.
Entry: Market
SL: 74.170
TP: 76.100
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
TL Breakout | Long on Pullback SetupLooking to enter longs on a pullback to retest the recently broken descending TL in confluence to the 0.5 fib retracement, previous area of S&R, and the MA50 which is now shifting momentum.
AUDJPYThis is an opportunity I missed overnight, this would of been a nice trade to take.
Price created a higher low and a kicked in with some bullish momentum, which would of been the best time to enter a position.
Unlucky but we move onto the next!
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 BUYHello Traders!
This is 1:5 risk reward trade. Go for buy in AUDJPY.
Buy at 74.65
Stop-loss 74.45(20 pips)
Target 75.65(100 pips)
AUDJPY AUDJPY shows a strong sale probability but before that there might be a short delay or drawback before continuation. Let's see how this goes!
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.
AUDJPY Supply and demand Long tradeHi Traders, as you can see, I'm looking for long opportunities on this AUDJPY after price rallies and made an ABC correction which printed a demand zone.
Good luck
AUDJPY short term sell and long term buyAUDJPY CLEARLY FORMS ABCD PATTERN WHEREAS THIS IS A NICE SETUP TO TAKE IT DOWN UNTIL THE GIVEN POINT AND THEN A BUY TO UPWARD THIS SETUP IS QUITE NICE AND EASILY YOU CAN MAKE PIP
AUD / JPY - (Forecast)2nd Leg of the W.
Double Bottoms.
Strong Rejections.
3 Confluences = TRADE ENTER :D
📢AUD/JPY Possible long setup 😎This pair is now at support. Let's see if we get some rejection so we can jump in 👆 Once the 4H candle can close I'll be monitoring price action on smaller timeframes foe an entry 🧐 If you like the Analysis feel free to drop a like and leave comment, we are grateful for all the love out there 🤍
AUDJPY - Ride itI have a marked area of interest that I will be looking to buy from to my upside target. If we manage to see rejections from this region, I will consider a buy position.
COT Data - 76% Short
IG Client Sentiment - 68% Short
