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 :)
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 :)
Transaction en cours
Commentaire:
We may experience a pullback to support before continuing the move up, to all those holding the trade make sure you secure profits.
Commentaire:
After the pullback the move continued, we are now steadily approaching our final take profit level.
I'm currently up 300 pips.
I'm currently up 300 pips.
Trade fermée: cible de profit atteinte:
Well done to those who held the trade, huge profit!
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