CHFJPY Long Bat Pattern
Updated
CHFJPY has form a Long Bat Pattern. I will wait for a breakout higher in smaller timeframes and a correction before i trade it.
Harmonics patterns have 2 different ways to trade it, either the one that you jump in a trade once you see it (better risk to reward ratio but less winning chance) or the one you wait for breakout confirmation (better winning chance and less risk to reward ratio).
Harmonics patterns have 2 different ways to trade it, either the one that you jump in a trade once you see it (better risk to reward ratio but less winning chance) or the one you wait for breakout confirmation (better winning chance and less risk to reward ratio).
Note
I am not interested in this position. It is in a correction patternNote
Even though i did not trade it, trade worked out as expected
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