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Potential Bearish Harmonic - NZDCHF (4Hr)

Short
New Zealand Dollar/Swiss Franc (FX:NZDCHF)  
safri Updated   
FX:NZDCHF   New Zealand Dollar/Swiss Franc
harmonictraders Harmonic Patterns Bearish Bat Bat potentialreversalzone PRZ
10
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harmonictraders harmonicpatterns bearishbat batpattern potentialreversalzone prz
Hello Traders,

I have observed potential Bearish Bat Pattern on NZDCHF 4 hour chart. Potential Reversal Zone (PRZ) is highlighted for short entry. Here, PRZ is made of 1.27AB=CD, 2.24BC and 0.886XA Fibonacci ratio confluence. This potential set up has a risk/reward of 1:1.4 for Target-1 and 1:2.2 for Target-2.

Follow this idea for further updates.

Happy Trading!
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