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UnknownUnicorn180388
Sep 4, 2015 7:30 AM

AUD/CHF - Gartley & Bat Pattern 

Australian Dollar/Swiss FrancFXCM

Description

AUD/CHF - 4h Chart - Gartley & Bat Pattern

White - Gartley Pattern - D leg completion at .6931 - Bearish Pattern

Dark Grey - Bat Pattern - D leg completion at 0.6583 - Bullish Pattern


Looking into next week, we have a two advanced patterns setting up both at structure support (Bat Pattern) and resistance (Gartley Pattern)

Historically AUD/CHF has been a very profitable pair for advanced patterns, however this won't cloud our judgement and we must always be cognizant of how price approaches the D leg of both patterns.

Sell or Buy orders will not be set until price breaks the B leg of the pattern.

Anymore information don't hesitate to contact me.
Comments
UnknownUnicorn180388
Target 1 attained at the .382%, stop loss moved to break even awaiting the .618%
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