AUD.JPY - High Confluence Area At 86.00

FX:AUDJPY   Australischer Dollar/Japanischer Yen
Currency Pair: AUD.JPY
Time Frame: Daily & 4hr
Predicted Direction: Short

Live AUD.JPY updates will be available in the comments section below
Kommentar: Price has now broke and closed below 87.00 ( Daily ) for me now confirming a further push towards 86.00 into next week.
Kommentar: Price has now retested trendline support, i will be breaking down this pair in further detail into this afternoon.
Hello Tam Harmonic Patterns are available on Internet. If applied in Forex What is the success ratio could you please tell me tht
TomHall Santhosh92
@Santhosh92, Hi,
That depends on many factors.

1. How you draw them, as many traders draw and use fibonacci's differently.
2. The pattern you are trading.
3. The timeframe you are executing on.
4. The currency pair in your portfolio.
5. The consistency of your execution.

And many more, i would advise backtesting and finding your personal results.
Thanks for the good analysis once again!
+1 Antworten
@ccusgi, Appreciate the message :-)
Greetings from USA! Thanks for all the analysis, we are forever grateful to you!
+1 Antworten
TomHall kizocon
@kizocon, Thanks very much, as always appreciate your comment.
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