wait for the price to give some kind of movement in our favor to enter in the trade .
AUDJPY Trading Ideas 1. Price broke the trendline 2. We can wait for retest and can enter bearish 3. but, we have AO Divergence, that's why before entering bearish, the market can retest 4. So, we have to wait before entry
Reasons for bearish trade 1. Black trendline is sell side liquidity (meaning market will take out those lows on the trendline) 2. Strong 4hr Supply Zone = Sell momentum 3. Broke highest low = Change of Character 4. Wait for lower high to be formed for sell confirmations 5. IMPORTANT: IF 4HR SUPPLY IS BROKEN, SELL IS NO LONGER VALID
AUDJPY 4 Hour Analysis 1. Price is near supply area 2. We have two important key levels for breakout 3. If price breaks the KL1 then supply will be converted to demand, we can go for long 3. If price breaks KL2 and trend, we can go for short 4. But for either side break, price can retest So, we have to be careful
AUDJPY Trading Ideas 4 Hour 1. Its in Triangle 2. The price is respecting fib levels 3. For bullish we can wait for KeyLevel 1 to break 4. For bearish we can wait for KeyLevel 2 to break
It's time to sell opportunity, market now in resistance level
AUDJPY 4 Hour 1. Now the price is testing a supply area 2. We have RSI divergence here. 3. We have to wait for a proper entry
AUDJPY has tested the resistance and got rejection from there . There is 4 hr trendline and breaking it can lead to our target which is shown in the chart . Take entry only after confirmation . Stop loss can be put above high's .
price has reached near previous 25 days high, at an important level of 90.15 , if this level is broken than the price can go upto a target of 90.900 and then 91.33. price is above 200 moving average right now if it shows weakness and closes below 200 MA than a short trade can be taken below 89.5 and target of 88.65 can be achieved . note- trade must be taken...
AUDJPY 4 Hour Analysis, we can wait for range breakout. In shorter timeframes we can have multiple entries.
The Australian Dollar (AUD) against the Japanese Yen (JPY) is an exciting pair for its relation to risk. The pair is often among one of the most highly correlated pairs to price action in US equities on a short to medium term basis. The pair generally tends to rise in a low risk environment on carry flows while the opposite is true when we see a 'risk-off'...
AUDJPY has broken hourly trendline. It may retest 89.000 before reversing downside and it will be a good point to add some shorts.
AUDJPY 4 Hour: 1. Trend breakout found 2. Bullish Dominance breaking 3. MACD traditional bearish break
1. Already in month low, may capture some bullish moments 2. in Daily Chart e can observe a divergence can be formed. 3. Before any entry we have to analyze the lower timeframes (for scalping)
The Triple Top is a bearish reversal pattern that can signal the end of an uptrend in a currency pair. The Triple Top usually appears after a strong upward trend in a currency pair, and indicates that the buyers may be running out of steam and the sellers may be ready to take control. This pattern can provide an opportunity for traders to enter into a short...
retest complete and now looking to go up.expecting a good move upwards.