Here, we have the CAD/CHF
0.05% 0.08% on the 1D chart. A bearish bat
pattern has formed within the descending channel
. Price has hit D point and now we are waiting for the reversal to get underway!
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