FX:AUDJPY
As you can see AUDJPY has forming Higher high and breaking Break of structure (BOS) and we can expect some fall up to drawn trend line (support) later it will go up and forms the new (BOS) in this scenario Plan for buying side after the pullback. Plan your trade accordingly....
FX:AUDJPY
As you can see that AUDJPY has created an Inverted head and shoulder in 1Hr Time frame, If it gives breakout wait for retest and take entry at buy side. plan your trade accordingly...
AUDJPY based on a technical chart of H1 it clearly indicates a triangular pattern that contains a length of 110 candles and forms a bearish continuation pattern.
The trading approach will be bearish for this currency after the breakout from the support levels.
Selling zone 80.250- 80.300
Stop loss: 80.500
Target: 79.700
Disclaimer: All the information...
1. Read the chart precisely
2. Mark all the important price levels
3. Enter when 4hr momentum goes up (10ema crossing 20ema)
4. SL - 10-15 pips below the weekly support
5. Best entry on Monday when market opens again
ALL THE BEST!
aud jpy buy setup found
as we can see that aud jpy was coming in sell direction from long time and now here is just broken the channel and what i can expect from aud jpy is retracement at channel than i will buy aud jpy from my target area
aud jpy buy setup found
as we can see that aud jpy was coming in sell direction from long time and now here is just broken the channel and what i can expect from aud jpy is retracement at channel than i will buy aud jpy from my target area
Potential down move on AUD/JPY 📉
Things to consider:
1. Triangular Formation
2. MACD and price downward momentum
3. COT data shows AUD is being short and JPY is also being short so overall strong down movement upcoming
How to enter:
1. Entry after the weekly resistance is broken
2. Entry should be on 4hr timeframe for better R:R
3. Enter when storng down momentum starts
