Marvin
Short

AUDCHF Bearish Bat

FX:AUDCHF   Australian Dollar/Swiss Franc
33 2 2
Sorry I'm late publishing. Had some computer issues! Decent set-up here. Comments & thumbs welcome guys and gals.
Nice looking bat. Think your targets are a bit wide. You'll get the first obstacale as B-point structure and the second obstacle as C-point structure. I'd better choose First target at the place where price can get without obstacles. My research shows a 37% C-retest probability. Still you can make lots of money taking larger targets but get ready to loose six trades among ten. Certainly you are to roll stops to breakeven as soon as price hits B.
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Marvin Alexander_Nikitin
a year ago
Yeah I know. I was a little late with my entry so went for a wider target this time. Thanks Alex.
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