IchiMohu a écrit:AUDJPY
1W: Full and strong bearish setup, with descending cloud, price below all components, at the lower border of the 1W down channel, price at double Supp at 67.0 to 67.5, CS broke below the bearish channel, next PP and Supp at 63.8.
Price might:
1) Rejected from the LBDC and double Supp back to retest 71.8 and possibly the upper border of the down channel at 75.4.
2) Continuation of the bearish after a retest to the previous Resis at 68.24, targeting next PP and Supp at 63.8.
1D: Full bearish setup, with descending cloud, price broke the 1D down channel, and rejected from double Supp at 64.1 & 64.1, previous Resis at 68.0 along the LBDC, we broke the 1D trading range and there's possibly more down impulse.
Price might:
1) Continuation of the bearish wave down to the next Supp and PP at 62.6 to 61.8, probably after a rejection from the previous Resis and LBDC 68.0.
2) Close inside the down channel again, followed by bullish wave targeting the UBDC and triple Resis area at 72.5 to 73.5.
4H: Full bullish setup, with thick descending cloud, price trading below the 4H down channel, no near by Supp or Resis, SSA about to test the LBDC and possibly reject from there.
Price might:
1) Continuation of the bearish wave down targeting 1D and 1W TPs, possibly after a retest to the 4H KS and LBDC at 67.9 (1D Resis and LBDC)!
2) Closing inside the down channel, followed by bullish wave targeting the UBDC and next Resis at 69.4.
1H: Full bullish setup, thick ascending cloud, with flat SSB, price trading below 1H down channel, with possible formation of new trading range, current SSB at 67.9 (4H KS and LBDC)!
Price might:
1) Continuation of the bearish wave down targeting 1D and 1W TPs, possibly after a retest to the 4H KS and LBDC at 67.9 (1D Resis and LBDC)!
2) bullish wave targeting the SSB and Resis at 67.9 for a formation of the new trading range.
Possible trades:
- Long, if the 30M/15M SSA break above 67.32, TP 67.9/68.2/69.40, SL below 66.35.
- Short, if the 30M/15M SSA break below 66.49, TP 65.8/64.5/62.6, SL above 67.5.
AUDJPY Update - 2nd TP with +117 pips, moving SL to entry and holding for my 3rd TP.



