LewisGlasgow
Short

CAD/CHF - Bearish Bat

OANDA:CADCHF   CAD/CHF
Hello traders, here we have CAD/CHF             0.02% on the 1h chart with a valid bearish bat pattern.

All-round excellent opportunity with over 1:2 risk to reward.

The measurements for a valid bat pattern are detailed below.
B: 0.382 - 0.50
C: 0.382 - 0.886
D: 1.618 - 2.618
Final X to D: 0.886

This is one to watch right now, I thought I'd share this before heading off after a loooong day.

I'll be looking for additional confirmation before taking the trade!
Comment: Keep an eye on the support trendline.

snapshot
Comment: Heading towards TP 1, lock in profit at 0.78.
Comment: Move you stop loss into profit!

snapshot
Trade closed: target reached: BOOM!
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Yehaa... nice as always:) thanks sir
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@Peter_238, you're welcome!!!
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amazing! asalways!
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@LuckyLaki, thanks man :)
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Nice!
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@gtomi001, thanks :)
Reply
look at that bang, good job
Reply
@DeanT, thanks man!
Reply
merci bien.
Reply
@oubhous, :)
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