JPYAUD trade ideas
AUDJPY 4 Hour Analysis (3 July 2023)AUDJPY 4 Hour Analysis (3 July 2023)
1. Price is in pattern (we can wait for breakout)
2. Also, we can see a bearish divergence in
Stochastic, so a small bear movement we can see
3. Price is in adjacent supply area (indication bearish)
4. But if the price breaks the pattern from upside,
we can enter bullish trade but we have to
wait for retest
AUDJPY 4 Hour Analysis (27 June 2023)AUDJPY 4 Hour Analysis (27 June 2023)
1. Price is inside the channel
2. we can see two keylevels in the chart,
Keylevel 1 is for bullish break confirmation and
keylevel 2 is for bearish break confirmation
3. previously we have a bullish divergence to
support the price bullish movement
4. if the price breaks the lower channel and KL2
we can enter short
5. If the price breaks upper channel and KL1 we
can enter long
audjpy plan for next week WEEKLY :- Kinda bearish with a sweep
DAILY :- KINDA BEARISH WITH A SWEEP
4H ;- totatlly bearish
15 min bullish in immediate structure but overall bearish
PLAN OF ACTION :- if we see 15 min turning bearish then we have 2 zones from where can enter shorts with LTF confirmation OR TIMING CONFIRMATION LONDON OPEN OR NY OPEN
ONLY INFORMATION PURPOSE YOUR MONEY YOUR RISK
AUDJPY MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied...
Keep trading ❤️
Hustle hard ✅
AUDJPY 4 Hour Analysis (9 June 2023)AUDJPY 4 Hour Analysis (9 June 2023)
1. Price is in Strong supply area
2. We can observe bearish divergence in
MACD and AO
3.if Price breaks KL1, we have to wait for
retest for bullish entry
4. still we have bearish continuation,
for TP we can follow important Fib levels
as mentioned in the analysis
AUDJPY Bearish MoveReasons 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 IMPORTANT: IF 4HR SUPPLY IS BROKEN, SELL IS NO LONGER VALID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 (23 May 2023)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