Audjyp
AUDJPY TRIANGULAR FORMATIONAUDJPY TRIANGULAR FORMATION it might for a a breakout soon. but now it is respecting trendline with is good short position
A good opportunity to decideAs you can see, the price has just broken one level of demand and wants to reach the next levels. Basically, Mondays are profit day and on Tuesday we can see the continuation of the fall of this currency pair
aud jpy long set upWith this pair we will be looking to continue with the bullish trend seen on higher time frames.
We will look to enter longs if we get a pullback and see the correct price action.
Targets will be around the previous high at 85.3
What do you guys think?
AUDJPY LONGPrice touched 77.762 which is a buy zone, furthermore there is divergence as price forms lower lows and oscilattor (RSI) forms higher higher confirming that buyers are on deck. My take profit is at 78.422(50+ pips) considering that is a neutral zone and my Stop Loss is at 77.203.
Potential Bearish Gartley Pattern SHORTI got this from my indicator that alerted a potential tradesetup to go short on this pair.
Trade safe cause it´s just an idea.
Resistance Level on AUD/JPYDISCLAIMER: Hi everyone, I'm new to trading and this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas".
Been looking at the Australian Dollar / Japanese Yen this week. Good and strong uptrend. How long can it last though? Lets take a look at this price level from January 2016, It's only been able to pass it only twice in the past year. But it looks like it might touch that resistance level again, what can we expect? I dont see why it can't break that resistance level one more time but I will most likely come back down thus ending that strong uptrend, and setting up a nice short on this pair. Keep your eyes open and good luck trading!
AUDJPY Fails to break channel, continues lower After a successful stop at the top of upper trend line, it seems that AUDJPY will continue it's path to go lower.
