WendelinProbst

AUDCHF: Bullish Bat Pattern shaping in the 4h?

Long
FX:AUDCHF   Australian Dollar / Swiss Franc
We could be just a little bit above a potential reversal area of a Bat Pattern. After my definition its a Bat and no Gartley, since the C leg retracement is not the minimum .618 retracement although the B leg is .618, which often points to a potential Gartley. So let`S see if we see a turn in this area, which then could possibly lead to a potential Cypher, but that one is far from being relevant.

My Pattern hit rate has improved within the last few days so there might be better times ahead for Pattern Traders after 2 rough weeks.
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