AUDJPY Long idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Overall this pair is still very bullish and is currently near our 0% fib. We are a bit over extended on the 4hour so we are not yet looking for long opportunities. Ideally, we want to see a pullback with a higher low near 83.550. Look to enter long on bullish confirmation and target 85.000.
If price action fails to pullback we could see price action rally until our new high is formed. Then we will re-analyze,look for a pullback and consider new entries.
Trade scenario 2: For us to consider short scenarios on this pair we first need to see a break of 83.550. Once we are below 83.550, Look to target lower toward 82.250 after we see a lower high and strong bearish setups.
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Overall this pair is still very bullish and is currently near our 0% fib. We are a bit over extended on the 4hour so we are not yet looking for long opportunities. Ideally, we want to see a pullback with a higher low near 83.550. Look to enter long on bullish confirmation and target 85.000.
If price action fails to pullback we could see price action rally until our new high is formed. Then we will re-analyze,look for a pullback and consider new entries.
Trade scenario 2: For us to consider short scenarios on this pair we first need to see a break of 83.550. Once we are below 83.550, Look to target lower toward 82.250 after we see a lower high and strong bearish setups.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.