AUDJPY

Anyone who is trading Audjpy can fall in here.

Audjpy refuse to break below 77 on Friday and closed trading at 77.60

What is your view? It's set a new 52-weeks high on Friday and is trading close to the level.

A bullish uptrend that has no profit taking in sight at the moment.

so good to see that u r trading 52 weeks high style,i also use that staratgy,lets discuss the concepts and indicators around it,thanks

when u posted this message and until now,it didnt fall,it is going up,so when should we know that reversal has appeared and when to enter the opposite trade,i mean the new trend will bring? plz share your startegy also

I am always surprised by the fact that there is only one asset on the market that can create an ideal system or some kind of a deployed business plan that will allow you to make long-term profits that will support you in the market. And it is interesting that people can make their work interesting and bright even with such a classic format. I think you should definitely continue in that direction, because it will be both promising and convenient for you, so it is definitely a working format. And that's a certain proof that there are hundreds of original approaches on the market that you can choose from and effectively earn from each of them. I wish great success to all my colleagues.

We are close and the turn around happen. As of today at the time of writing, Audjpy is printing 76.3x price level.

@newbi3, since your posting of the first weekly rejection red candle, this pair has printed 2 additional red weekly candles.
We have somehow figure out the entry of the trend reversal.

1. Now, the next most important question is how low can this go and when do we take profit?

2. Judging from recent weeks movement, I am seeing this as a retracement and not a genuine trend reversal. We are still on uptrend.

3. The US elections is nearing and this will have impact on most asset classes, considering that US dow jones retreat from recent highs and some of the tech stocks have also retreated from their 52 weeks high. I am using other asset classes and instruments to correlate to the overall market sentiment and direction.

4. I have realised that in 2020, the trading plan for the big boys have changed and most asset classes tend to move in the same direction these days. This is how deep their pockets are. For example, when all the G7 move up against JPY (safe haven) and that means risk on. We also see bitcoin/usd moving up and indices (DJI, S&P) moving up. These look to be a financial concert.


@Cogra, I realised that we can start off from an asset class and then as the capital size grow (snowball), we can enlist more instruments that we can profit from.
That will then scale the business and improve the productivity ratio of the capital (money).

Cheers guys and have a great weekend ahead.
As usual, stay healthy and safe.

W1 range

AUDJPY
Weekly time frame
Inverted Head and Shoulder pattern
Upward Price Movement Indicated
#fx #forex #aud #jpy #audjpy #forextrading #forextrader #forexsignal #Forexinvestor #forexstrategy #forextrade #forexmoney #forexmarket #forexlifestyle #forexnews

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My prediction AUDJPY...hope go to TP

Be surprised if we didn't see 83 before 84..

Shorting from 84.5xx

Currrent top erased previous monthly top (orange circle), and got sell signal again (blue circles).

So far so good

I did the same but am thinking this is just a liq grab and might reverse. Situation in Japan is improving with Rona but business is not improving. The other day i had a 750yen ramen in Tokyo and the same thing few months ago was 1000yen. Sure gold and stuff had hiccup but do you think AUDJPY it will go lower than 80?

IDK, let price show us the way

I don't know the future, only the present and the past ...time will tell.
Until I have short signal on the highest timeframes - i will seek short entries in lower ones.
I am watching the following levels as possible milestones:
81.900-82.000
81.400-700
80.000
78.800
77.500-800

I am trying to make an analysis for usd/jpy from 21-25 this week. pay attention to the sideways area that I made .. you can enter open buy or sell positions in the area of the lines that I made

I'm trying to make an analysis today 6/22/2021 in aud/jpy .. I tend to increase in the afternoon jpy. watch for bearish and bullish areas. this is just my analysis

Nice, i caught some nice moves downwards and upwards. Should and head on 15min, next is right shoulder i guess.

My daily analysis for AUDJPY