Audjpysignal
Expect price reductionsHello guys
Apparently it does not have the power to climb. Consecutive attempts to defeat the resistance and prove it were unsuccessful.
A long-term and strong trend line was broken and stabilized below it.
If the bearish engulf stick is also seen, the probability will increase. We can wait for the pattern to be seen and act.
AUD/JPY SELL IDEAHey tradomaniacs,
welcome to another trade-setup!
AUD/JPY: Swingtrade-Execution
Market-Sell-Order: 84.300
Stop-Loss: 84.750
Point of Risk-Reduction: 83.880
Take-Profit: 83.175
Stop-Loss: 46 pips
Risk: 0,5% -1%
Risk-Reward: 2,5
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Peace and good trades
Irasor
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AUD/JPY to continue its bullish momentum Hi Traders
AUD/JPY (H1 Timeframe)
A high probability, to go LONG formed @ 84.517 after the market found support @ 84.422, Only the downward break of 84.422 would cancel this bullish scenario.
Trade details:
Entry: 84.517
Stop loss: 84.422
Take profit 1: 84.959
Take profit 2: 85.295
Take profit 3: 85.843
Score: 10
Strategy: Bullish wave-LLTF
AUD/JPY Breaking Higher AgainThis is another trade that hit TP and I was waiting for a retrace for another chance to enter again. It seems to be breaking higher now without much of a retrace so we can monitor this for if and when it retraces back to this support. Once it turns back and then rebounds a long can be entered with a target of 83.928. SL just below the support area.
AUD/JPY Has Broken ResistanceThis has broken above the previous high and is now retracing back to test it as a support. A long can be entered here if we see the rejection. MACD and EMA's are bullish, especially on the daily timeframe. I have set 2 take profit targets, I originally was only looking to reach TP 2 but that could be too ambitious and who knows what can change in the time it would take to get there. TP 1 is a good target as well and still makes for a good risk/reward ratio.
AUDJPY Long (Buy) Trend SetupAUDJPY ran into a supply zone on the 4-hour and we're seeing a reaction to turn bullish and continue it's bullish trend. If the zone holds, we can aim for the zone at the top as targets. If it doesn't hold, we may get the stronger reaction from the zone below it. This setup has a great risk:reward.
AudJpy- A sell trade with great risk:rewardAfter a first leg down of 150 pips, AudJpy has recovered and now is trading again above 80 important figure.
The rise from 79.50 is in a rising wedge though, indicating a lack of impulse.
A break under the support line of this wedge could be a confirmation of a new leg down and such a trade can have a great 1:4 risk: reward ratio.
AudJpy- New leg down after confirmation?AudJpy has broken the confluence support yesterday and dropped to a local low around 79.50 zone.
A correction followed and what, at this point, could be a confirmation for this break.
I expect a new leg down from this pair and I maintain my bearish outlook and 77 target as long as the pair is under 81