AUDJPY - LONG SETUP FOR WEEK AHEAD
- 2 INVERTED HAMMERS ON W SUPP
- CURRENT SUPP IS AT HISTORICAL RES
- DOUBLE BOTTOM OVER A 3 MONTH PERIOD
- M CANDLE SPINNING TOP
- W CANDLE 2 INVERTED HAMMERS
- D CANDLES 2 HAMMERS & PINBAR
- M EMAS ABOVE PRICE
- W EMAS FACING SOUTH 50 MAGNETIC RES
- D 200 STRONG MAGNETIC RES
50 BETWEEN THE HIGHS
- FIB FROM PREVIOUS HIGH BEFORE RANGING LAST
DECEMBER POTENTIAL TARGET ALSO CHANNEL
BOUNCE!
- FIB FROM PREVIOUS M RES // TRIPLE TOP ,0.50
RETRACEMENT JUST ABOVE M RES 81.900
- W FIB FROM PREV TOP 80.500 0.50 ON ASCENDING
TL & SYM TRIANGLE
BREAK BELOW 78.6 POSSIBLE SHORTS ,W/BREAK
RETURN OF ASC TL & SYM TRIANGLE LONG STOPS
BELOW M SUPP
TP SYM TRIANGLE UPPER TL, M RES THEN CHANNEL
BOUNCE
My bias is long buying the long term retracement also where price is currently at is historical Support // Resistance.
I AM EXPECTING A POSSIBLE GAP DOWN OF PROBABLY BETWEEN 20 - 40 PIPS AS WE HAVE SEEN THIS HPPEN IN THE 3 PAST OPENS!
IF WE GET THIS PRICE WILL THEN BE AROUND THE 61.8,78.6 FIB LEVEL DRAWN FROM W RESISTANCE 80.500.
WE WOULD THEN TAKE INTO CONSIDERATION W & M SUPPORT 40 - 60 PIPS BELOW. WITH BULLISH CONFIRMATION WE WOULD GO LONG
STOPS BELOW M SUPP 78.200
TP 80.000 ..
- CURRENT SUPP IS AT HISTORICAL RES
- DOUBLE BOTTOM OVER A 3 MONTH PERIOD
- M CANDLE SPINNING TOP
- W CANDLE 2 INVERTED HAMMERS
- D CANDLES 2 HAMMERS & PINBAR
- M EMAS ABOVE PRICE
- W EMAS FACING SOUTH 50 MAGNETIC RES
- D 200 STRONG MAGNETIC RES
50 BETWEEN THE HIGHS
- FIB FROM PREVIOUS HIGH BEFORE RANGING LAST
DECEMBER POTENTIAL TARGET ALSO CHANNEL
BOUNCE!
- FIB FROM PREVIOUS M RES // TRIPLE TOP ,0.50
RETRACEMENT JUST ABOVE M RES 81.900
- W FIB FROM PREV TOP 80.500 0.50 ON ASCENDING
TL & SYM TRIANGLE
BREAK BELOW 78.6 POSSIBLE SHORTS ,W/BREAK
RETURN OF ASC TL & SYM TRIANGLE LONG STOPS
BELOW M SUPP
TP SYM TRIANGLE UPPER TL, M RES THEN CHANNEL
BOUNCE
My bias is long buying the long term retracement also where price is currently at is historical Support // Resistance.
I AM EXPECTING A POSSIBLE GAP DOWN OF PROBABLY BETWEEN 20 - 40 PIPS AS WE HAVE SEEN THIS HPPEN IN THE 3 PAST OPENS!
IF WE GET THIS PRICE WILL THEN BE AROUND THE 61.8,78.6 FIB LEVEL DRAWN FROM W RESISTANCE 80.500.
WE WOULD THEN TAKE INTO CONSIDERATION W & M SUPPORT 40 - 60 PIPS BELOW. WITH BULLISH CONFIRMATION WE WOULD GO LONG
STOPS BELOW M SUPP 78.200
TP 80.000 ..
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.