Here we have GBP/CHF on a 4h chart with a bearish bat harmonic pattern, as you can see price is approaching our D point for a potential reversal... I am looking for extra confirmation before entering this trade.
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
Trade active
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Entry: 1.25500
Last night I entered a position at the top of the channel shown below, I'm currently running in 80+ pips profit.
Once price breaks out of this channel it's going to drop!!!