Audjpytrade
AUDJPY 180 pips bounce was expected will it reach September highAUDJPY
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⏳H4 chart
🎲 Detailed analysis
⛳️Bullish entry / Alternative bearish entry
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Detailed analysis 💬
1️⃣ Bullish flag formation 76.000 support
2️⃣ 76.550 October month high
3️⃣ Positive risk sentiment, Vaccine news
4️⃣ 75.800 50% Fibonacci Dynamic support and resistance
5️⃣ 78.450 September high acted as strong resistance-Key trend reversal area
6️⃣ 75.640 Point of control - Volume profile
7️⃣ Technical support - Bullish
8️⃣ 78.450 will acted as key reversal-bearish
9️⃣ AUDPY trading within a broad rising channel
🔟 Possible swing target-78.450
#️⃣ Overall long-term trend- Bullish
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📉 Technical bias-Day-Bullish
Price is above 50,100,200 Exponential moving average
50 Exponential moving average will act as support-Bullish
Relative strength index - well above 60 - Bullish trend
MACD -Histogram is still in green zone, Oscillators are pointing upward
Stochastic - Reached around 75- overbought condition will give a short term fall back expected
Ichimoku cloud -cloud is still red and about to turn as green-Price is well above the cloud
Bollinger band- Price reached around the upper side of the band-Short term bearish correction towards middle band was expected
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Key reversal area's
72.000 psychological level
75.640 Point of control area Volume analysis
78.350 Sep month high
76.200 Break and retest area
78.000 Major psychological level
76.450 Possible entry- Bull
78.350 Sep month high/ Alternative bearish entry
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[bBullish entry #yen #kiwi #nzdjpy
Entry price - 76.450
Take profit 01 - 77.300
Take profit 02 - 78.350
🚫 Stop lose 79.950
⬆️ 2.49 Growth expected
⤴️ Account growth .65: 2.49
✅ Risk reward ratio 1 : 3.8
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AudJpy- 77 is strong sell zoneLike all "risk", AudJpy flew yesterday and ended the day just under significant resistance from 77.
I expect this resistance to hold and the pair could fall to 75 in the next period.
Sell rallies is my strategy for this pair and only a daily close above 77 would change my bearish perspective
AUDJPY - SHORTSelling a clip of AUDJPY here at 73.86 ahead of the 73.94 pivot and breakdown area that held on Friday. As long as 74.45 fibbo resistance holds, I remain a seller of the rallies going into the RBA meeting. RSI indicates that the market is overbought and the momentum should start to turn towards the downside.
I will sell a 2nd clip around 74.10 if we get there.
Short at 73.86
SL around 74.45
TP around 73.13 fibbo support.
AudJpy- Imminent break downAudJpy is in a clear downtrend and, as said yesterday, rallies towards 75 should be well caped by bears.
The pair is trading for the 3rd time in 74 zone support and I expect a breakdown sooner rather than later.
My target for short is 72.50 and I will remain bearish as long as the pair stays under 75
AudJpy could accelerate its lossesFor a few days now AudJpy is consolidating just above 74 zone support.
The combination of weak AudUsd and strong Jpy is not good for the pair and we can see a breakdown sooner rather than later.
I expect gains to be well caped on 75 zone and the pair could drop to at least 72 and even 70 in the medium term
Look to sell rallies under 75
AUDJPY - sell biased in a descending channelHi all traders,
This is a video analysis on audjpy.
I hope you like this video as i have updated some new levels which traders can take note of for next week selling in audjpy.
As always, follow me on tradingview
Like and share this trade ideas with all your friends so that they can benefit from it too.
Cheers and thank you!
AUDJPY - sell biasedHi all traders.
Good morning!
This is a video analysis on audjpy
I have pre-warn 2 levels inside the video that traders could take note and start selling it if they traded those areas.
Please help to like and share this video with all your friends.
Follow me on tradingview for more video analysis.
Cheers and thank you!
AudJpy- a 400 pips drop potentialAudJpy shows us a little bit different picture that other Jpy crosses with the pair still theoretically in a up-trend (up-channel).
This up-channel in my opinion is the "swan-song" for AudJpy and, with the risk aversion on the rise, the pair can drop hard (400 pips or so)
I will try to sell rallies for a good risk: reward and I will hold my position for a medium-term trade.
AUDJPY - sell biasedHi all traders,
by now, u would have made alot of pips just following this pair of AUDJPY. Congratulations on it.
Now for the next setup for AUDJPY.
Im looking for the close below the trend line.
IF the trend line is broken.
I am gonna look for further weakness in this pair till we reach the next support.
Plan your trade nicely and you should be able to scoop tons of pips from this idea.
Follow me on tradingview.
Like and share with all your friends of this idea.
**Disclaimer: All trade ideas are of my own personal view. It's not a financial advice. Thanks!**
Cheers everyone!






















