Aud-jpy
Possible trend shift in AUDJPY – going long The Tidal Shift Strategy has just bought AUDJPY at 80.46. The system recommends entering this trade at any price between 80.273 and 80.647. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at -1.017, which suggests that the AUDJPY could be trending upwards.The 14-period Average True Range on a daily chart is 0.15, so the stop loss has been set at 79.712. This stop loss order is a trailing stop that will move up as the market moves up. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours.
Signal ID: 74592
Time Issued: Thursday, 07 January 2021 02:00:16 GMT
Status: open
Entry: 80.273 - 80.647
Limit: N/A
Stop Loss: 79.712
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Past Performance is not an indicator of future results.
AUDJPY testing 1st resistance , further drop expected ! AUDJPY is retreating from recent top and is likely to drop below 1st resistance, where the 50% and 76% fib retracement are. Potential target could be at where the 78% fib extension is. RSI is also showing a descending trend in price.
AUDJPY is likely to retest the 1st suport and bounce higher! AUDJPY is retreating from recent top and is likely to retest the EMA(34) and trendline support. A bounce could occur above our 1st support towards 1st resistance.
AUDJPY 4hour Analysis January 3rd, 2020AUDJPY Long idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: AJ is very bullish, we just saw a major break of resistance at 79.000. From here we want to see a pullback to form structure and a higher low above 79.000. Look to enter long on proper confirmation and a moving average cross. Target higher toward our negative fib levels.
Trade scenario 2: For us to consider short scenarios we need to see a break and retest of 79.000. Look to enter short after a confirmed lower high and target lower toward key levels of support.
AUDJPY sell now,my prediction,Good luck tradersWatch strong price action at the current levels for SELL. GOOD LUCK! Great sell opportunity in AUDJPY..
AUDJPY LONG!?Hey traders,
Hope you all had a great Christmas.
Right now AUDJPY is currently breaking resistance with strong bullish momentum, if we see price close above this area we can expect the market to continue the bullish trend.
I will be risking 1% and looking for a 3% return. My SL will be roughly 15-20 pips and my TP will be 45-60 pips. (Depending on my SL)
If you wish to use this idea, please enter at your own risk and use good risk management (YOU DONT NEED TO USE MY SL AND TP, IF YOU WISH TO USE YOUR OWN THAT'S FINE)
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AUD JPY SHORTAfter breaking a trendline support audjpy has retested higher against the trendline and 4 hour resistance zone. Other indications of short include 4 hour stochasticrsi and momentum churning bearish at this level with additional confirmation of 4 hour bearish engulfing candle at this point. I will short for a minimum 1:2 ratio .
AUDJPY 4hour Analysis December 27th, 2020AUDJPY Long idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Still very bullish on this pair. Looking to continue with the trend and enter long at key fib levels. Currently we’re looking for a pullback to form structure at our 38.2% fib level. From here we will look for bullish confirmations to enter long on. Look to target higher toward negative fib levels and key resistance around 79.000
Trade scenario 2: If price action goes bearish we won't consider short positions until we see a break of 77.900 with a lower high below. From there target lower toward key support at 77.000 and potentially lower.
AUDJPY retesting 1st resistance, potential to reverse from thereAUDJPY is retesting our 1st resistance at 78.598, in line with our 78.6% fib extension and trendline resistance, where we could see a further drop towards our first support target where the 61.8% fib retracement is. Stochastics is also signaling that the price could reverse further from recent resistance level .
AUDJPY testing 1st resistance , further drop expected ! AUDJPY is approaching our 1st resistance at 78.598, in line with our 78.6% fib extension and trendline resistance, where we could see a potential reversal towards our first support target where the 61.8% fib retracement is. Stochastics is also signaling that the price could reverse further from recent resistance level .
AUDJPY testing 1st resistance , further drop expected AUDJPY is approaching our 1st resistance at 78.598, in line with our 78.6% fib extension and trendline resistance, where we could see a potential reversal towards our first support target where the 61.8% fib retracement is. Stochastics is also signaling that the price could reverse further from recent resistance level .
AUDJPY is reversing from our first resistance, more downside !AUDJPY is reversign from our 1st resistance at 78.598, in line with our 78.6% fib extension and trendline resistance, where we could see a further drop towards our first support target where the 61.8% fib retracement is. Stochastics is also signaling that the price could reverse further from recent resistance level .
AUDJPY ANALYSISAUDJPY retested broken major uptrendline
then rejected with bearish movement
Below SMA 100
MACD shows start of bearish momentum
It's expected coming correction to target key level at 77.00 corresponding to HVN
AUDJPY is facing bearish pressure from our first resistance !AUDJPY is approaching our 1st resistance at 78.598, in line with our 78.6% fib extension and trendline resistance, where we could see a potential reversal towards our first support target where the 61.8% fib retracement is. Stochastics is also signaling that the price could reverse further from recent resistance level .
AUDJPY on a channel test 🦐AUDJPY after the break above the 77 area created another impulse until the 78.700 area, inside a channel.
The price couldn't create new highs and start a ranging move between 2 structures.
IF the price will break and close below and consequently break the channel we will set a nice short order according to Plancton's strategy.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Leave a comment that is helpful or encouraging. Let's master the markets together
💡Don't miss the great sell opportunity in AUDJPYTrading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (78.11).
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 30.
Take Profits:
TP1= @ 77.46
TP2= @ 76.96
TP3= @ 76.50
TP4= @ 75.42
TP5= @ 74.90
SL: Break Above R2
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💡Don't miss the great sell opportunity in AUDJPYTrading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (78.11).
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 30.
Take Profits:
TP1= @ 77.46
TP2= @ 76.96
TP3= @ 76.50
TP4= @ 75.42
TP5= @ 74.90
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
AUDJPY ANALYSISAUDJPY broke uptrendline
Price is based below resistance level at 78.15
Pair formed double top pattern
Below SMA 100
MACD shows bearish momentum
It's expected to target key level at 77.00
Potential AUDJPY LONG?Hey guys,
Next week Ill be looking for potential AUDJPY longs, if you seen my previous AUDJPY idea, I had stated that if price breaks the bullish flag we may see the current trend continue, price broke the trendline resistance and is currently being respected. AUD has been very bullish lately however price is currently at resistance, if this level is broken, we can expect price to continue to the upside however we will need to see strong bullish candles to confirm this move before entering a long position.
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Good luck on your trades and Merry Christmas🎁
