Audjpysignal
AUDJPY 180 pips bounce was expected will it reach September highAUDJPY
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⏳H4 chart
🎲 Detailed analysis
⛳️Bullish entry / Alternative bearish entry
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Detailed analysis 💬
1️⃣ Bullish flag formation 76.000 support
2️⃣ 76.550 October month high
3️⃣ Positive risk sentiment, Vaccine news
4️⃣ 75.800 50% Fibonacci Dynamic support and resistance
5️⃣ 78.450 September high acted as strong resistance-Key trend reversal area
6️⃣ 75.640 Point of control - Volume profile
7️⃣ Technical support - Bullish
8️⃣ 78.450 will acted as key reversal-bearish
9️⃣ AUDPY trading within a broad rising channel
🔟 Possible swing target-78.450
#️⃣ Overall long-term trend- Bullish
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📉 Technical bias-Day-Bullish
Price is above 50,100,200 Exponential moving average
50 Exponential moving average will act as support-Bullish
Relative strength index - well above 60 - Bullish trend
MACD -Histogram is still in green zone, Oscillators are pointing upward
Stochastic - Reached around 75- overbought condition will give a short term fall back expected
Ichimoku cloud -cloud is still red and about to turn as green-Price is well above the cloud
Bollinger band- Price reached around the upper side of the band-Short term bearish correction towards middle band was expected
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Key reversal area's
72.000 psychological level
75.640 Point of control area Volume analysis
78.350 Sep month high
76.200 Break and retest area
78.000 Major psychological level
76.450 Possible entry- Bull
78.350 Sep month high/ Alternative bearish entry
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[bBullish entry #yen #kiwi #nzdjpy
Entry price - 76.450
Take profit 01 - 77.300
Take profit 02 - 78.350
🚫 Stop lose 79.950
⬆️ 2.49 Growth expected
⤴️ Account growth .65: 2.49
✅ Risk reward ratio 1 : 3.8
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AudJpy- 77 is strong sell zoneLike all "risk", AudJpy flew yesterday and ended the day just under significant resistance from 77.
I expect this resistance to hold and the pair could fall to 75 in the next period.
Sell rallies is my strategy for this pair and only a daily close above 77 would change my bearish perspective
AudJpy- Imminent break downAudJpy is in a clear downtrend and, as said yesterday, rallies towards 75 should be well caped by bears.
The pair is trading for the 3rd time in 74 zone support and I expect a breakdown sooner rather than later.
My target for short is 72.50 and I will remain bearish as long as the pair stays under 75
AudJpy could accelerate its lossesFor a few days now AudJpy is consolidating just above 74 zone support.
The combination of weak AudUsd and strong Jpy is not good for the pair and we can see a breakdown sooner rather than later.
I expect gains to be well caped on 75 zone and the pair could drop to at least 72 and even 70 in the medium term
Look to sell rallies under 75
AUDJPY H3. This Analysis Based On Price Action Theory.We Have an Analysis Of AUDJPY H3. This Analysis Based On Price Action Theory.
According to Multiple Analysis, We Can See That the Market has a Bullish Direction As Well As Market have Good Trend line support That’s Why We Have Two Target(resistance) @76.510 & @76.700
For More Confirmation, You can see that Bollinger Bands, Fib Retracement & Super Trend The Both are reflected in Market Bullish Pattern
I Request to All Before The Trade You Also Match You're Analysis With As If You're Set up Match Then You Can Trade.
Thanks
Regard
shivamfx Technical Team
Note- Please Take Only Two ✌️ 2% Risk On Given Analysis
AUDJPY signal (LONG)Hello friends.
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Everything on the chart.
If my markup is right and we are in global wave of (5) that would looking nice and logical have (ED). I only guess that it can be.Anyway we have good potential to grow.Risk is justified.
open pos: buy on correction or on breaking resistance
targets: 77.8 - 79
after first target reached move ur stop to breakeven
stop: ~76.46 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 4
Good luck
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AUDJPY 4hr. SELL; About to take a nasty spill!... been making top money off of this for 2 strait days!! Going for days 3,4,5... (see: attached)
Look at where you are! (positional awareness...) Watch out for the Stop Hunt!!
- The AUDUSD SHORT could be slightly better for speed... Although, it may be just a difference without distinction, really.