AUD/JPY SHORT SET UP (WEEKLY TimeFrame) {Signal}TITLE/(DATE)- AUD/JPY
ASSET- Forex
PLATFORM- MT4
ORDER TYPE- SELL LIMIT
Time Frame- 1w
ENTRY PRICE 1- 76.300 (pending)
ENTRY 2- 76.600 (pending)
STOP LOSS- 76.900 (60 PIPS)
TAKE PROFIT 1- 75.800 (60 PIPS)
TAKE PROFIT 2- 75.200 (120 PIPS)
TAKE PROFIT 3- 74.600 (180 PIPS)
TAKE PROFIT 4- 74.000 (240 PIPS)
STATUS: Pending
Audjpysignal
AUDJPY signal (LONG)Hello friends.
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Everything on the chart.
open pos: market or on breaking the triangle
targets: 75 - 77 -78.6
after first target reached move ur stop to breakeven
stop: under 72.1 (depending of ur risk). ALWAYS follow ur RM .
Good luck
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audjpy shortThis pair is looking really good for a short set up, if you look on the weekly time frame you'll see that there was a strong bearish retracement candle. Will be looking for a flag structure on this pair for the downside or the possible retest of resistance if it gets there correctively for the downside move. Will definitely be monitoring this closely this week along with gbpjpy and nzdjpy
AUDJPY- BUY OR SELL?Is the price going to respect the up channel?
We have a strong resistance,
but JPY is weak, and the chances
are high to break the resistance.
Wait to break the resistance to have confirmation to buy at 70.70
To sell. We already have two rejects,
it's formed a pin bar but it's not a proper confirmation.
Wait for the price to test the resistance again for a confirmation.
AUD/JPY, Breakout of Support Level will be a Bearish SignAussie dollar kinda boosted up this week, but we are still long-term bearish on this quote. If we broke this horizontal Level, it would be a bearish sign. Keep in mind, that there is still a chance for continuation to the upside of the market. So sit on your hands until price action tells you what to do.
AUDJPY buy on H1Plan : resistance level breakout --> wait for price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar etc --> BUY
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