Australian Dollar / Japanese Yen
Short
Updated

AUDJPY : Bearish Pennant Improvisation

405
Hi.
It is a period in which the relative data flow in the markets is weak and the uncertainty is high and so I found pattern searching correct.
Trade parameters have been expanded to increase the Risk / Reward Ratio.

Parameters :

  • Position Size : %1 (0.01)

  • Risk/Reward Ratio : 3.00

  • Leverage : Max (Minimum 50x)

  • Stop-Loss : 75.370

  • Goal : 71.164


Extra
Support Levels for Take Profit Points :

Fibo 0.786 => 73.172
Fibo 0.618 => 71.864 (Major Support)

Regards.
Trade closed: stop reached

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