AUDJPY trade ideas
AUDJPY Long tradeThis is a perfect opportunity to go long, what we have here is a falling wedge pattern followed
by a pullback, the idea here is to enter at the higher high of the pullback as indicated in the chart. there is a likely hood of additional pullbacks but this a good trade to risk on.
Over here we only enter pullbacks not breakouts
AUDJPY Bulls Pushed The Price Above The Resistance 0.9830AUDJPY Bulls Pushed The Price Above The Resistance 0.9830
AUDJPY has increased its bullish momentum following the Bank of Japan’s dovish tones on interest rates and the JGB program.
AUDJPY benefited from the situation and today moved above a bullish Contracting Triangle Pattern.
With JPY still weak, AUDJPY may test the top of the zone near 98.90. The current price breakout looks solid, and a move above 98.90 could increase the odds for further growth.
You may find more details in the chart!
Thank you and Good Luck!
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AUDJPY Future Short Entry ZonesYens are largely focused on a potential unwinding and hawkish stance from the BOJ going into and through 2025.
Likely this will bring about short side bias and a long term reversal. Further impetus needed to defeat the 'Risk On' environment we are seeing sustaining up moves.
SZ = Short Zone.
Nearest entry @ early MA's.
AUDJPY 28/08/2024Weekly:
-Weekly S&R zone.
Daily:
-Bullish M pattern.
-IC.
-Inverse H&S pattern.
4H:
-Inverse H&S pattern.
-Bullish M pattern.
-IC.
AUDJPY: V Bottom Pattern Trade Picture-perfect V-bottom at the end of a bearish trend. Keep a close eye on momentum and volume.
I've only caught this pattern before the neckline break 1 time and banked a 3:1 .. Patience is waiting for the neckline break and getting in on the retest.
Will update when trade is active.
This is not trade/financial advice. This is my personal analysis.
trade at your own risk.
AUD/JPY: Awaiting Breakout with Key Levels in Focus➡ Awaiting Breakout on either side at 99 and 96.75
➡ Resistance Levels: 101.76, 105.74 and 109.42
➡ Support Levels: 93.45 and 90.24
Could price rise from here?AUD/JPY is reacting off the support level which is a pullback support and could potentially rise from this level to our take profit.
Entry: 97.50
Why we like it:
There is a pullback support level.
Stop loss: 95.04
Why we like it
There is an overlap support level which aligns with the 50% Fibonacci retracement.
Take profit: 101.34
Why we like it:
There is a pullback resistance level which is slightly below the 61.8% Fibonacci retracement.
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AUDJPY LONGI always consider higher time frame for zone of interest then look out for stops losses.
That simple.
IDEA AUDJPY SHORT POSITION Pair : AUDJPY
Position : SHORT ( SELL )
Entry Price : 97.550
STOP LOSS @ 98.000
TP 1 @ 97.050
TP 2 @ 96.650
TP 3 @ 95.000 ( Trailing SL )
Short buddy!!!97.7 is my weekly target for this week
It will hit
What are your thoughts
Trade safely my friends
AUD/JPY Breakout StudyFor the AUD/JPY 1-hour chart, a potential buy setup could be initiated at 97.668, targeting a price move towards 99.022, with a stop loss set at 97.254 to manage risk if the trade goes against you. However, if the buy stop is triggered and then reverses, consider entering a sell position at 97.254, targeting a drop to 96.610, with a stop loss placed back at 97.668. This strategy allows for flexibility, capitalizing on a potential breakout while being prepared for a reversal if the market direction changes.
IDEA AUDJPY LONG POSITION Pair : AUDJPY
Position : SHORT ( SELL )
Entry Price : 97.550
STOP LOSS @ 98.000
TP 1 @ 97.050
TP 2 @ 96.650
TP 3 @ 95.000 ( Trailing SL )
AUDJPY To Sell Watch AUD CPI News Tonight Tonight for AUD CPI news, there is a chance AUDJPY will drop in price. This is a great time to place a short as there is resistance in price that likely to drop.
TP: 97.00-97.5
audjpy sell signal. Don't forget about stop-loss.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Bearish Wedge + 61.8% Retracement - AJHere I have AUD/JPY on the 4Hr Chart!
Since Prices decline, we see Price after making its New Lower Low @ 90.116 and has made a steady Fibonacci Retracement to the Golden Ratio Zone being our Fib Entry Zone!
All along the way, creating Higher Highs and Lows forming a Bearish Wedge!
Price is unable to Close above 97.472 being the 61.8% level, so I suspect we will see price continue DOWN!
*Potential Sell Entries will come once price Breaks and Closes below the Rising Support of the Bearish Wedge!
long audjpylet's go long with this setup. we are thinking that the correction was ended and we are looking to but this pair with 1/2 RR
if it start to go in a corrective way we can close it and look for a sell
AUD/JPY Bearish Outlook with Short-Term TargetThe AUD/JPY 15-minute chart indicates a prevailing bearish trend that has been developing over the past week. The price is currently hovering around the 97.600 level, showing potential for further decline. The key support level to watch is 96.955, which serves as the first target milestone for this anticipated downward move.
The RSI indicator, while not yet in the overbought territory, suggests that a reversal or additional selling opportunities might emerge if it reaches those levels. Given the continuation of the downtrend, traders might consider adding positions once RSI approaches overbought levels, expecting the bearish momentum to resume.
In summary, the technical indicators and price action point to a continuation of the bearish trend, with 96.955 as the immediate target. Caution is advised, especially with potential volatility around the RSI overbought levels.
Trade idea - AUDJPY Long4H
-68 Fib completion aligning with entry zone.
= Buy limit.
Bullish M pattern & Bullish Fake Out flag also there.
Instant market execution Buy.
0.5% risk.
Aiming to take full profit at Daily TP.
AUD/JPY For Bearishyou can go short now
- general trend is down
- JPY is Strong
- price make double top with multi rejected at red arrow area so price will search for another support levels
have fun :)
AUDJPYThis Weekly FORECAST
Opportunity for AUDJPY. This setup is my trading idea/plan, if you want to follow: trade at your own risk (TAYOR).
Risk Factors:
1. Market conditions, unexpected news, or external events could impact the trade.
2. Always use risk management strategies to protect your capital.
AUDJPY - Fresh Impulse ExpectedAUDJPY had a bullish impulsive move followed by correction in form of combination of ascending triangle and flat corrective pattern. We can now expect fresh bullish impulse after completion of this corrective wave.
