AUDJPY is reacting strongly from a major ascending trendline support on the 1H timeframe. Price swept liquidity below the structure, tapped into the demand zone, and immediately rejected — signaling buyer strength.
we entered long around 108.180, which aligns perfectly with the technicals.
📈 Why This Is a Bullish Setup
Price tapped the HTF trendline and respected it
Multiple liquidity sweeps beneath the zone, trapping sellers
Formation of a bullish rejection wick right at support
Price is still inside a discount area, ideal for longs
Recent bearish attempts failde to close below the trendline
Strong probability of a bullish push toward 109.20 – 109.50 liquidity zones
This is a classic trendline + demand + liquidity sweep confluence setup.
📋 Trade Parameters
Entry: 108.180 (executed)
Stop-Loss: ~55 pips (below liquidity sweep + structure low)
Take-Profit: ~110 pips (towards upper liquidity & imbalance zones)
Risk-to-Reward: ~1:2
we entered long around 108.180, which aligns perfectly with the technicals.
📈 Why This Is a Bullish Setup
Price tapped the HTF trendline and respected it
Multiple liquidity sweeps beneath the zone, trapping sellers
Formation of a bullish rejection wick right at support
Price is still inside a discount area, ideal for longs
Recent bearish attempts failde to close below the trendline
Strong probability of a bullish push toward 109.20 – 109.50 liquidity zones
This is a classic trendline + demand + liquidity sweep confluence setup.
📋 Trade Parameters
Entry: 108.180 (executed)
Stop-Loss: ~55 pips (below liquidity sweep + structure low)
Take-Profit: ~110 pips (towards upper liquidity & imbalance zones)
Risk-to-Reward: ~1:2
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.