MichaelCollins18

Bearish bat GBP/CHF 4 hour chart

OANDA:GBPCHF   British Pound / Swiss Franc
Hey guy, here we have a bearish bat GBP/CHF on a four hour chart,

This is an awesome trading opportunity with a risk reward of 1:4

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

The D level has formed a major level of support and resistance and expecting price to start sell very fast.

I'm already in on this trade

I hope you's have all had a good week of trading, thank you.
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