Audjpylong
AUJPY on a bullish moveAUDJPY has started bullish move after double bottom pattern was formed. We can see a bounce to the upside as the price is having a positive momentum. We should be getting close to first TP at 83.75-84.00 zone. If the first target is reached and the price makes a daily close above that zone, we will be moving towards the final TP at 85.80 zone. Bullish continuation is expected.
AUDJPY Bullish ReversalIf you like this idea, like it and follow me for more.
Colour key: Pink = weekly, Grey = daily
I've drawn out several supply and demand zones from the weekly timeframe, as week as key levels from the daily timeframe.
I held a nice 180 pip short last week but i expect to see price have a correction and continue to go up. I've also taken DXM and interest rates into account for my bias.
Updates to follow, follow me to see them.
A trade for the brave contrarians!Greetings traders! A look at AUDJPY, and an observation of the daily charts shows a nicely completed Shark pattern that bottomed right on a 61.8% retracement of a dominant set of pivots. We got a nice reaction of that point, and now we are sitting on yet another 61.8% retracement. AUD positioning is very short. Is now the time to take it on. You decide!
AUDJPY IdeaPotential Inverted Head & Shoulder pattern forming. Possibly forming the right shoulder of Head and shoulder.
The Left shoulder head Right shoulder is almost Over should level in RSI.
Right shoulder retracement is on Fib 50%.
Still need to go down a little more to complete right shoulder!!!.
This pattern will complete when the price hits the 82.0 level!!!
AUDJPY BUY FROM 80.50 - AUDJPY to become bullish!Hi Everyone,
As mentioned on the previous idea, I believe price will correct all the way to 80.50 before it makes the push towards 84.00
Beginning of the week, we should see price coming down.
And then, price will start the new push phase, which I'm taking from 80.50 to 84.00
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Gaspar_Trader