JPYAUD trade ideas
Don't miss the great sell opportunity in AUDJPYTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (74.55). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. AUDJPY is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 40.
Take Profits:
TP1= @ 73.90
TP2= @ 73.30
TP3= @ 72.50
TP4= @ 71.05
TP5= @ 69.90
SL: Break Above R2
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AUD/JPY intraday buyAUD/JPY intraday May rise 61-90 PIPS the upside prevails as long as 74.49 is support
AUD/JPY intraday buyAUD/JPY intraday May rise 63-91 PIPS the upside prevails as long as 73.93 is support
AUD/JPY intraday buy AUD/JPY intraday
May rise 61-90 PIPS
as long as 73.33 is support look for 74.66
AUDJPY: DOWNWARD CORRECTION BEFORE BREAK UP GIVING US 1450 PIPS!Hi
This pair is in a corrective phase of trend completion and reversal figure S-H-S.
If the right shoulder forms a symmetry with the left shoulder then we will have a more than probable bullish turn, it would be 38.2% fibo.
If not, then it could go get the spin on bottom brackets.
The bullish breakout level is at approximately 76,700, we will be watching that level with confirmation candles to open a long trade and get those coveted 1450 pips.
Cheers!
sell limit order on audjpy trend continuationmarket already showed us a big sign of reversal on 4H time frame now we are looking for sell opportunity
AUDJPY- LONG - BULL FLAGPrice has clearly broken out of the falling wedge pattern and now formed a bull flag after an impulse. Hence the chances are higher that it will continue being bullish as part of pattern completion (IMPULSE - CORRECTION - IMPULSE)
short AUDJPY just waiting for breakoutsetup correlates with bearish regular divergence ,double top, and then rising wedge
