Audjpytrade
AUDJPY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
#AUDJPY-LONG-There are two possible entries depending on wgen #jpy index reverse.
-At the moment we can expect price to drop more down to the area of previous low which will make a possible double bottom.
-And the second option is a mitgation area where price might go upwards aroudn 100-150 pips and then drop to our safe entry area.
-the chart has entry,sl and tp like a signal but use it as proper chart analysis.
AUDJPY SHORT TRADE BREAKDOWNGetting a strong rejection at the time of typing this so it may be too late to jump on short trades, but I thought Id give a little longer breakdown video and mark on some levels just to show a little bit of my trading style. If you manage to get entry's id be looking at taking some profit at 82.850 and targeting some longer term areas around 82.200
AUD/JPY 4HR CHART SET UP BUYHi everyone this is my trade set up for the AUD/JPY for the new week ahead
AUD/JPY i am expecting a pullback to the order block zones and will be looking for a BUY trade
look for pullback to zones lined off on chart then if it meets your criteria for a trade then execute
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
AudJpy- Ready for 88After the correction from 85 to 77 strong support, AudJpy has resumed its up-trend, recovered losses, and is trading now just in the old local high zone.
For 2 weeks now the pair is consolidating gains and is putting in a small continuation triangle on our daily chart (visible, of course also on small TFs)
At this point, AudJpy looks ready for a break up and the target could be 88 strong resistance (visible on weekly and monthly)
A drop under 84 would negate this scenario
AUDJPY Scale in SellI'm looking to enter for a sell on a bearish push from level 79.500 towards Major Level 78.000.
Price is expected to fill in the imbalance created previously (Highlighted Yellow)
I would wait for the JPY banks to open tomorrow before entering as it is a bank holiday today.
Happy Trading!
AUDJPY Analysis Price seems to be continuing to replicate its previous bullish trend structure. I will continue to hold. I am anticipating that price will break out bearish from the current correction phase. If you can take a look at the up trend structure, price formed a correction around the same price zone.
*Disclaimer*
This is not financial advice. Forex trading is a risky business. Trade at your own risk. Exercise patience and proper risk management.
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