Long position due to Dow theory & 1. Divergence not found 2. AB=CD not found
AUDJPY Intraday - We look to Buy at 93.25 (stop at 92.25) Previous support located at 93.25. Previous resistance located at 94.50. A lower correction is expected. Risk/Reward would be poor to call a buy from current levels. A move through 94.50 will confirm the bullish momentum. Our profit targets will be 95.25 and 95.50 Resistance: 94.50 / 95.00 /...
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a AUD/JPY Buy. Enjoy the day all. Cheers. Jim
We have broken a 4-hour supply zone and I’m looking for a retrace to the next supply zone which is around 94.721 level. We will plan accordingly with whatever the market shows us and stick to our trading plans.
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 we have Auzie Yen to be bullish as of now but we have a bearish Choch which means we are bearish on overall. if we look at 1h TF the overall of all these analysis, we also have a bullish chanhe of character ( CHOCH) caging all these analysis, so I'm actually selling into the demand zone created by the bullish Choch. Follow for more analysis. StefanFX
two pathways for aud jpy wait for the entery zone then go ..............................................................
AUD JPY - short on basis of LH and LL . RR ratio 1:1
Long on AUDJPY 1. Bullish Crab pattern has formed as Point D is lower than point X. 2. Line of support has already been tested before at point E. 3. Trade can be taken once the current candle closes with bullish signals, which will mean the bulls are in charge now. 4. TP1 (0.786 Level) = 92.764 5. TP2 (0.618 Level) = 93.403 6. SL (Below the support line)= 91.295
audjpy is now strong support area which is a strong demand zone also market will go up to retest the broken vertical resistance area look for bullish confirmations on lower time frames and enter buy with proper money management patience is the key
1. BAT Pattern has formed on a 4H scale. 2. The price is retracing from point D. 3. Higher High has been made. 4. Price bounced from 0.5 level of Fibonacci retracement level perfectly. 5. TP1 = 93.395 6. TP2 = 94.297 7. SL = 92.240
1. BAT Pattern has formed on a 4H scale. 2. The price is retracing from point D. 3. Higher High has been made. 4. Price bounced from 0.5 level of Fibonacci retracement level perfectly. 5. TP1 = 93.395 6. TP2 = 94.297 7. SL = 92.240
Bias is to the upside. Risked 1.5% with 3 entries. All entries at at 92.35 and my SL is 91.9. Let's see how this goes.
I am noticing a potential CONFLUENCE breakout of both a falling channel and an inverse head and shoulders. Am entering long on break and retest.... For a quick 3.48R..... Like and Subscribe.
Hello Traders, Welcome to another trading opportunity with AUDJPY, price is currently at support and i look forward for a rejection and continuation to the upside, inline with the trend or a breakout to the downside... Watch carefully and wait patiently for confirmations before entry For more free analysis, kindly like, share, comment and follow...
Hello Traders. As you can see on 30M time frame, if the Low breaks then you can short as shown. Then when it reaches the strong support level you can long there.
Confluence: 1. EMA 9 crossed EMA 200 2. RSI above 50 3. ADX above 20 Entry @ 94.787 SL @ 95.747
#AUDJPY in H4 time frame AUDJPY is way to touch the lower trend line of this channel before going back to touch the Resistance area