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Audjpysignal

100D EMA+ Broken resistance= BUY if 78.25 holdsAfter months of consolidation, AUDJPY broke out of the range last week and currently it's pulling back. I have indicated the resistance with an orange line. Right now price is retesting the line. Also,we have the 100D EMA around 79.30 which can support the price. If AUDJPY manages to bounce back up from this line, it would be good for traders to BUY between 79.30-79.50 with SL below 79.20. TPs can be set at 80 and 80.61 respectively for such trades. For more signals, ideas, and analysis, check out my signature at the bottom of this page.
Long
by TraderAvDM
AUDJPY: Return of Risk On Trades?AUDJPY Timeframe: 1D Direction: Long Confluences for Trade: - Price action bouncing off Support of Parallel Channel - Stochastic Oversold momentum (D1 and W1) - Wide gap between EMAs - Price action created a double bottom around Parallel Channel support line - Fundamentally, there is positivity in sentiment moving into the coming 2019 which will see a dollar weakening scenario and AUD will gain from positive sentiment from global outlook being moderate instead of weakening tremendously. Suggested Trade: Entry @ Area of Interest 77.45 - 78.45 SL: 76.81 TP: 80.44 RR: Approx. 2.18 (Depending on Entry Level) May the pips move in our favor! Good luck! :D *This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
Long
by weekendanalyst
AUDJPY Bollinger Band Spike, New Downtrend PossibleHi traders, I have my trade on break-even after we moved lower once the 1H candle closed (my entry is at the first spike, green candle) and now I am anticipating a break of the support area marked in orange. Once this breaks, I will lock in some profits and very likely add to a 2nd position, depending how everything forms. Be aware that trading Bollinger Band spikes require many rules and putting to break-even usually should not take longer than one candle after it went into your predicted direction. For more information simple head to my Telegram group which is free to join. t.me (This is not a trade recommendation!)
Short
by MyChildTradesBetterThanYou
AUDJPY Quick reversal to the downside after support breakHi traders, Bollinger Band Spikes give me the best trades but even if we have multiple spikes here, they are not valid for me. I look at the price action, the angle of the spike, previous support/resistance areas and so on. Taking every Bollinger Band spike blindly will get you in a lot of trouble. We also see a slight RSI Divergence. In this chart, I am waiting for a clean break to the downside, breaking the support area, then entering after the candle has closed. (This is not a trade recommendation!)
Short
by MyChildTradesBetterThanYou