NZDJPY-8hr's-- Good Chance To Shoring Now 📍__**Hello all traders
NZD/JPY Setup / Analysis
🕐 2HR'S Chart
📋 Educational
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🗒 Just browsing through my analysis means a lot to me.
➡️ Please follow the analysis very carefully and every detail of the chart means a lot. And always entry depends on many reasons carefully studied
Always enter into deals when there are more than 5 reasons
combined
Key Technical / Reason's Short Position's
🔰66.500 Target Reversal
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Reversal Gap Support
Reversal Trend Formation
Reversal 0 Level
Reversal Mid line for Major Down Channel
Year low + Value Area
__🔰Entry Reversal
-------69.450 Area
Month low /week low
Trend Break + Down Trend
Inner Down Channel Formation
High Volume Impact
Head & Shoulder Pattern Break Out
AUD/JPY
ShOrt Down " 69.450 - 69.400
Take Profit " 60 PIP / 120 PIP / 180 PIP / 240 PIP
Stop loss " 60 PIP
📍Risk 2.5 % : 5 %
➕Account Growth Expecting " 5 % : 20%
❗️Risk : Reward 1 : 4
Aud-jpy
AUDJPY 4hour Analysis August 23rd, 2020AUDJPY Long idea
Overall all significant timeframes are very bullish on this pair. We will continue with this overall trend until we see a major transition.
Current price action is in a large ascending triangle with a monthly zone at 76.500. We’re looking for a strong reversal from the current level at 75.600, with confirmed higher lows.
Ideally a break and retest of 76.700 would be enough to enter long and target toward higher resistance levels.
If we see a break and retest of 75.600 with confirmed lower highs below the zone we could consider short opportunities.
AUDJPY- Bearish...maybe.So there is a legit argument that AUDJPY is now bearish, rightfully so, it has just between squeezed to the south side of the ascending triangle. That being said, I'm not still convinced. I believe there is possibility we could be looking at a bear trap, AJ could have one bull run left in it before prices see a serious decline. Also just for fun I found a Cypher Pattern that may form up. Good luck everyone.
AUDJPY is approaching support, potential bouncePrice is approaching our first support in line with our 61.8% fibonacci retracement and the ascending trendline , where we could see a bounce above this level. Ichimoku is showing signs of bullish pressure as well.
Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a comment on what currency pair you'd like me to analyze next too.
Until next time, see ya!
AUDJPY is approaching support, potential bouncePrice is approaching our first support in line with our 61.8% fibonacci retracement and the ascending trendline , where we could see a bounce above this level. Ichimoku is showing signs of bullish pressure as well.
Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a comment on what currency pair you'd like me to analyze next too.
Until next time, see ya!
AUDJPY Price is finding support on the 200EMA This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Let’s make some money together!
AUD-JPY MASSIVE LONG|STRUCTURE ANALYSIS|TRADING PLAN
The pair has broken up out of the downward channel where its been for a while and has now formed a bullish triangle on its way up, below the structure resistance. Given the bullish momentum and the setup, our target trade is a long, but with conditions.
TRADING PLAN:
1-IF there is a breakout upwards
2-Wait for it to be confirmed
3-Go long on a retest
4-Take profit levels are on the chart
5-SL below the horizontal level
Alternatively, IF the triangle gets broken downwards, with both support lines broken too, then one might be interested in going short, with SL above the horizontal resistance. This trade however, has lower probability and is less secure, as the setup will be less clear. Use your own best judgement and look at the price action.
Thank you for reading, like and subscribe, and have a nice day!
AUDJPY Price is testing resistance in our bearish zone! This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Let’s make some money together!
Bullish wedge ? Or Currently hitting a key resistance point that has held multiple times since December i am looking for price action to confirm below the zone and even the small trend line to show clear breakage of the wedge. So far that key resistance level seems to be holding to validate the short but with the wedge a bullish push could see it creating new higher highs.
AUDJPY 4hour Analysis August 16th, 2020AUDJPY Long idea
This pair has been in a very strong 4hour bullish trend and is currently at a major monthly zone.
We’re going to continue with the bullish trend and look for long opportunities above this zone.
Look for a significant break and retest of 76.700 with strong bullish setups to enter on. Target higher toward significant resistance levels.
For us to consider short opportunities we want to see a break of major support around 76.000 with confirmed lower highs below. Target lower toward major support levels