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Bearish bat GBP/CHF 4 hour chart
British Pound / Swiss Franc
Bearish bat GBP/CHF 4 hour chart
By MichaelCollins18
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Apr 13, 2017
7
Apr 13, 2017
Hey guy, here we have a bearish bat GBP/CHF on a four hour chart,
This is an awesome trading opportunity with a risk reward of 1:4
The valid ratios for a bat pattern are:
B: 0.382 - 0.50
C: 0.382 - 0.886
D: 1.618 - 2.618
Final X to D: 0.886
The D level has formed a major level of support and resistance and expecting price to start sell very fast.
I'm already in on this trade
I hope you's have all had a good week of trading, thank you.
Bearish Patterns
Bearish Bat
GBPCHF
harmonctrading
Support and Resistance
technicalanalyse
MichaelCollins18
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