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.
Audjpylong
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
📢AUD/JPY coming in for a retracement 😎this pair is coming for a retracement, let's keep an eye on it 👀👀 If you like the Analysis feel free to drop a like and leave comment, we are grateful for all the love out there 🤍
Bullish on AUDJPYAUDJPY looks to continue its bull run after attempts to go bearish beyond the 23.6% area failed 3 times.
Looking to go long and TP @ 61.8% Fibo area.
Let's keep the technical simple and easy for all to understand.
Like and Follow guys!
AUDJPY - BULLISH BIASAUD - BULLISH
1️⃣ Investors cheered the Australian government’s expansionary federal budget.
2️⃣ Stock futures in the US traded sharply higher on Wednesday, reversing from a big plunge in the previous session, as Trump hints at more stimulus for airlines and the Paycheck Protection Program.
JPY - BEARISH
1️⃣ Sentiment for the safe haven Yen eased as Bank of Japan Governor Haruhiko Kuroda noted that the downturn in Asia's economic conditions due to the COVID-19 crisis has been moderate, compared with other regions, partly due to solid global demand for IT-related goods produced in the region.
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TECHNICAL
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- We're looking to long AUDJPY on RBS level + fibo retracement 61.8% area on H1 chart.
- AUDJPY turns to bullish mode.
AUDJPY Long - OpportunityI'm looking to BUY AUDJPY in the near future.
We are currently seeing a double top forming at the 76.000 area, with price making an aggressive rejection, failing to break and make fresh highs.
0.382 fib level has been a reliable key level in the past, and as acted as both strong support and resistance.
I'll be placing an order at 75.630, here are my reasons why;
1) 0.382 fib level is a strong key level (depending whether it holds when price reaches it).
2) Candlestick formations are pointing to move lower for now, which further backs up my analysis of price reaching the 0.382.
3) 0.382 would also correlate with the current long term bearish trend, so we are likely to see candles touch and close above the trend and then continue to move upwards.
My take profit will be placed at 76.420, as this is the next major key level on this pair. My stop loss will be placed below the last lower high, with some additional room to let price breathe.
Those are the reasons I will be taking this trade. Please feel free to share your feedback and thoughts below! :)
AUD/JPY For AUD / JPY what we have is to wait for is a clear signal for a long position. It should break through the trend and strong structure,then we should definitely enter a long position.
