CAD/CHF - Harmonic Confluence

22 mai 2017

Hello traders, here we have CAD/CHF with a bullish bat and bullish AB=CD on the 4h chart.

Excellent opportunity with over 1:3 risk to reward.

I'm looking for a second entry on this move.

The measurements for a valid bat pattern are detailed below.
B: 0.382 - 0.50
C: 0.382 - 0.886
D: 1.618 - 2.618
Final X to D: 0.886

The D point completes on a level of daily support (chart is shown below), price is currently stalling on this level and I'm expecting an aggressive reversal.



Feel free to connect with me on social media :)

22 mai 2017

Transaction en cours

5 juil. 2017

Note

We may experience a pullback to support before continuing the move up, to all those holding the trade make sure you secure profits.

11 juil. 2017

Note

After the pullback the move continued, we are now steadily approaching our final take profit level.

I'm currently up 300 pips.

12 juil. 2017

Trade fermée: cible de profit atteinte

Well done to those who held the trade, huge profit!