KlejdiCuni

AUDCHF: Bullish Harmonic

Long
OANDA:AUDCHF   Australian Dollar / Swiss Franc
AUDCHF - Bullish Harmonic

Targets:
0.7106
0.7155

Thank you and Good Luck!
Trade closed: target reached: +71 and +120 pips...Cheers:)
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Comments

Wonderful analysis here
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Nice trade
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wow, very good job!
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Nice call
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Nice analysis. Well done!
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Nice pattern
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Great idea 🦐️
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Nice idea. Thank you for sharing.

Have you had good results with harmonic patterns?
At first glance they might seem a bit "hocus pocus" to me but I have encountered many traders that have had very good results with them.
I am considering learning them, but not sure if it will be worth the effort. That is why I am asking :)
Reply
KlejdiCuni BelowZero
@BelowZero, The result are goods for those who know how to use them and understand the risk involved. In my personal opinion harmonics are not just lines that you should place and all is done. So yes they are really good in my opinion.Thank you!
Reply
BelowZero KlejdiCuni
@KlejdiCuni, Thank you for sharing your experience with harmonic patterns. I guess it takes a long while and a lot of experience to make them work. Apparently it pays off, as most traders that use them seem to be very satisfied. I suppose they have a similar process to Elliot Waves: If you pick the right waves ( /harmonic patterns) then all goes smoothly, otherwise it can be a disaster. I am guessing experience is what makes the difference between those two situations...
Reply
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