MichaelCollins18
Long

CAD/CHF- Harmonic confluence- 4 hour chart

OANDA:CADCHF   CAD/CHF
Good evening guys, here we have CAD/CHF having formed a bullish Bat and a bullish AB=CD patter on a 4 hour chart.

Great trading opportunity with a risk reward of over 1:3

The valid measurements for a bat pattern are
B: 0.382-0.5
C:0.382-0.886
D:1.618-2.618
X-D: 0.886

I expect a strong reversal here and for support and resistance to be broken.

Have a good evening people, this trade was found on behalf of my good friend Lewis, connect with him here:
https://www.tradingview.com/u/LewisGlasg...
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out