jcoalter

jcoalter

Bat pattern is, so far, forming nicely and as anticipated. The AB leg completed at 0.65955 . I am now forcasting price will start moving back down to complete the CD leg somewhere in the vacinity of 0.65484.

jcoalter

Harmonic Bat pattern set to pivot at the .618 Fib level. I see a potential to pick up 35.3 pips.

jcoalter

Using Supply/Demand Zone analysis I marked off the chart on the 60 minute time frame. I also looked at the Daily and Weekly time frames to get an idea for overall trend. I also marked off an area of Weekly resistance.

jcoalter

I'm applying Supply/Demand analysis.

jcoalter

Harmonics are falling nicely into alignment. However, there is the possibility price could continue upwards to 1.00688 before reversing. I see a good opportunity for a Short position. FX:USDCHF

jcoalter

Based on Supply Zone Analysis I believe the USDCHF has reached a pivot point and has begun trending to the down side. Question is will price push past bullish support?

jcoalter

Daily chart has revealed a harmonic crab formation. A good opportunity for a short once price breaks through support level.