AUDJPY-two corrective patterns finished
Hello, i don't know if this pairs has bottomed BUT I can wee on weekly chart two corrective patterns containig nicely the price.
We have also a perfect bullish butterfly still in play, strong S/R level.
Harmonic patterns work! because both EW and Harmonics are based on fib ratios. I use all the information available than can give me extra confidence to enter a trade, no closing my mind to them.
Here on D1 chart we have a nice 0.7860 deep retracement.
Ideal final target would be 90.00
Be carefull this pair is strongly correlated with AUDUSD so do not overexpose your account.
Best regards.
We have also a perfect bullish butterfly still in play, strong S/R level.
Harmonic patterns work! because both EW and Harmonics are based on fib ratios. I use all the information available than can give me extra confidence to enter a trade, no closing my mind to them.
Here on D1 chart we have a nice 0.7860 deep retracement.
Ideal final target would be 90.00
Be carefull this pair is strongly correlated with AUDUSD so do not overexpose your account.
Best regards.
