WendelinProbst
Long

AUDCHF: Bullish Bat Pattern shaping in the 4h?

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.

Comments

I don`t like Gaps in the completion area of patterns, I scratched this one...
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