Audjpylong
AUD-JPY MASSIVE LONG|STRUCTURE ANALYSIS|TRADING PLAN
The pair has broken up out of the downward channel where its been for a while and has now formed a bullish triangle on its way up, below the structure resistance. Given the bullish momentum and the setup, our target trade is a long, but with conditions.
TRADING PLAN:
1-IF there is a breakout upwards
2-Wait for it to be confirmed
3-Go long on a retest
4-Take profit levels are on the chart
5-SL below the horizontal level
Alternatively, IF the triangle gets broken downwards, with both support lines broken too, then one might be interested in going short, with SL above the horizontal resistance. This trade however, has lower probability and is less secure, as the setup will be less clear. Use your own best judgement and look at the price action.
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AUDJPY - buyPlease do your own analysis as that's my take on it. I just opened a buy on AUDJPY.
I've setup a first, second and third TP.
AUDJPY is facing bullish pressure Price is approaching our support where we could see a bounce above this level. Ichimoku cloud is showing signs of bullish pressure as well.
AUD/JPY Swing Long AUD/JPY - Will buy the retest of this level with weekly closes above first!! Needs to flip this level for major upside, this will be core position with wide stop, plenty of opportunity to trade around it on the way up.
AUD JPY D1Ascending triangle pattern, waiting on A Clear Break Then Retest of the Resistance level, then waiting for a clear Rejection and treating it as new support before taking a long position.
AUD/USD - Break & RetestPrice has broken resistance. We are waiting for price to retest this area for buy entries.
Patience Just a matter of patience to see if we can test and retest the support zone thats acted as resistance support for many touches. If so ill be looking to enter shorts around that area.
AUDJPY Potential Long If Market Pulls Back #AUDJPY Potential Trade
We can see a clear uptrend with this pair smashing through a very very strong Daily level , retesting it and respecting that level .
You can read the daily details in the bottom right . Technicals for 4hr are clear ,Ascending Daily Purple Trendline , lining up with the daily level of structure if we look left the red arches show clearly the level of strength this zone has with multiple frequent and recent touches all respecting the level .
Will wait to enter at daily level on 4hr chart with the correct candle alignment .
Sl below the daily level and by then the 50 and even stronger 200MA alongside 2 4hr levels of structure .
AUDJPY LONG - MASSIVE MOVEVery interesting chart. Price trending lower highs, but can't break.
??? Will we break structure and have a massive move up???
AUD JPY ANALYSIS & FORECASTAfter what we gave draw we can tell that the market will go down with a very high probability,
Please share with me your thoughts,
Regards
Pullback to Retest TrendlineAUDJPY is currently experiencing a potential pullback towards the respectable ascending trendline in confluence to a strong S&R area and the 0.618 fib retracement.
LONG AUDJPYBUYING MOVMENT POSSIBLE IN AUDJPY PRICE SHOWING SUPPORT AT CURRENT LEVEL AUDJPY CAN GO IN BUY SIDE
Forex Signal
BUY AUDJPY @ 75.20
TP1 : 75.90
TP2 : 76.90
AUDJPY - longI'm bullish on the pair. Always wait for confirmation before entering a trade. This is not a signal but an analysis.
AUDJPY CONTINUATION HIGHER TO MAKE POSSIBLE TRIPLE TOP ?Im currently looking at some short term buys for audjpy to take out 106.800 once again, from there we could see some possible rejections to open up some more short opportunities but will reassess when price gets there.
AUDJPY to climb from upside confirmation, potential bounce!
AUDJPY to climb from its upside confirmation at 75.924 where it could potentially bounce further to 76.752.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUD/JPY STRUCTURE LONG|TRADING PLAN
The pair successfully bounced from a strong horizontal resistance, and is now at a support level+the diagonal triangle support is nearby.
Therefore our structure trade is a long.
TRADING PLAN:
1-Wait for the diagonal resistance breakout
2-Go long after pullback
3-Targets, SL, on the chart.
4-Next long opportunity will be near the triangle support.
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