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AUDJPY H8: Best Levels to BUY/HOLD TP +200/+300 (SWING)(NEW)

Long
FX:AUDJPY   Australischer Dollar/Japanischer Yen
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AUDJPY H8: Best Levels to BUY/HOLD TP +200/+300 (SWING)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as LONG since we are locked inside range with bullish BIAS.


🔸 Summary and potential trade setup
::: AUDJPY 8hours/candle chart review
::: sequence of higher lows
::: technical setup: Bullish reversal setup
::: revised/updated outlook
::: REVISED/UPDATED to BULLISH OUTLOOK
::: short-term more upside / 96.50 max out
::: targeting 96.50 final TP BULLS
::: retail positioning in AUDJPY
::: favors more mid-term gains now
::: 4 000 std lots short vs
::: 1 500 lots long
::: expecting LONG SQUEEZE soon
::: exactly same pattern as
::: summer/autumn 2021
::: lower risk / recommended strategy
::: BUY DIPS / market BUY TP 96.50
::: FINAL TP BULLS is 96.50 +300 pips
::: chart looks good but slow price action
::: patience required if you want to make money
::: recommend to focus on swings only don't
::: try to trade this intraday
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 93.00 fresh demand zone
::: 96.50 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: /RANGE/BULLS
::: Sentiment outlook mid-term: BULLS/96.50

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