killakai

GBP/CHF Bat Pattern Setup

Short
FX_IDC:GBPCHF   British Pound / Swiss Franc
5
I am also currently long this pair via an alternate entry from a bat pattern. Target 1 has already been hit and I am looking to ride out the other half of my position to the completion of this bat pattern, with a trailing stop to protect profit. Once we have reached the completion point D, I expect price to stall out and I will be looking for further analysis to build a case for going short. Great opportunity with risk to reward being greater than 1 to 1. Keep an eye on this one too.

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