Audjpyanalysis
AUD/JPY LONG SETUPAUD/JPY is in an uptrend since the beginning of the year .
It has been repeating the bullish flag pattern indicating the continuation of the uptrend.
I can see that another potential bullish flag pattern forming , suggesting a strong bullish move that's going to happen .
I will wait for the breakout of the flag and enter after the retest of this flag to confirm the pattern .
This is shown by the grey path drawn .
AUDJPY - LONGLong AUDJPY @ 83.23
TP: 85.00
SL: 82.90
Ive decided to go long AUDJPY as the Aussie has been better bid of late and there has been some nice consolidation around this level which will act as support for the trade (around 83.00 level) as well as fibbo support around this level too.
US dollar is very week at the moment and therefore AUDUSD should continue to grind higher taking AUDJPY with it. The reason I stay out of AUDUSD and go for AUDJPY instead is incase the US dollar rolls over and stats to rally. If this happens, USDJPY will go bid meaning that JPY weakens further thus giving AUDJPY another reason to breakout.
My stop is set just below the 83 level, just for some breathing room. I will need to see a sharp spike below or a daily close below this level before I decide to close out the trade.
Lets hear your thoughts below ...
Goodluck!
AUD/JPY +75 Pips From Out Entry This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
AUD/JPY Breaking Higher AgainThis is another trade that hit TP and I was waiting for a retrace for another chance to enter again. It seems to be breaking higher now without much of a retrace so we can monitor this for if and when it retraces back to this support. Once it turns back and then rebounds a long can be entered with a target of 83.928. SL just below the support area.
AUD/JPY New Update And Free 200 Pips In This Analysis This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
AUDJPY: Crucial rejection!!! BEARISH retracement opportunity!!!We managed to see an important rejection for AUDJPY at the 161.8% fib level. I will be looking for a short opportunity to my supply level in green. This will be a short term trade opportunity. However, if we managed to see price breaking the support level, I will expect a 61.8% move. If not, the bullish climb will continue eventually seeing 261.8% and higher. As of now, I will stick to this short opportunity. I will update again once we reaches the support zone.
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AUDJPY sell NOW !! GOING DOWN!!Hello Traders, here is the full analysis for this pair.
Watch strong price action at the current levels for SELL GOOD LUCK! Great SELL opportunity in AUDJPY ..
I still did my best and this is the most likely count for me at the moment ..
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AUDJPY long trade ideaPlan: wait for the price retracement or bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
AUDJPY long trade ideaPlan: wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
AUD/JPY BUY IDEAHey tradomaniacs,
welcome to another free trading-setup.
Notice: This is meant to be a preparation for you. As always we will have to wait for a confirmation!
AUD/JPY: Daytrade-Preparation
Market-Buy: 81,080
Stop-Loss: 80,700
Point of Risk-Reduction: 81,385
Take-Profit: 81,910
Stop-Loss: 38 pips
Risk: 0,5% - 1%
Risk-Reward: 2,10
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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AUD/JPY Has Broken ResistanceThis has broken above the previous high and is now retracing back to test it as a support. A long can be entered here if we see the rejection. MACD and EMA's are bullish, especially on the daily timeframe. I have set 2 take profit targets, I originally was only looking to reach TP 2 but that could be too ambitious and who knows what can change in the time it would take to get there. TP 1 is a good target as well and still makes for a good risk/reward ratio.