USD.CHF - Bearish Bat .9998 & 1.0018 Short

U.S. Dollar/Swiss FrancFXCM

Description

⋅ Nov 20, 2017 4:29 PM

Currency pair - USD.CHF
Chart timeframe - 1hr
Area of interest - .9998 & 1.0018
Chart pattern - Bearish Bat

Potential target 1 - .9939
Potential target 2 - .9903
Potential extended target - .9885

Comments

yaretkie

⋅ Nov 20, 2017 5:28 PM

Thx for the analysis

UnknownUnicorn180388

⋅ Nov 20, 2017 8:07 PM

@yaretkie, No problem at all :-)

falopokebucu

⋅ Nov 20, 2017 5:28 PM

Thank you!

UnknownUnicorn180388

⋅ Nov 20, 2017 8:06 PM

@falopokebucu, y pleasure :-)

UnknownUnicorn180388

⋅ Nov 20, 2017 8:07 PM

@tomhall, My pleasure :-)

kralx15

⋅ Nov 20, 2017 4:48 PM

hello Tom, can you please make some analyzes about USD.TRY ?

UnknownUnicorn180388

⋅ Nov 20, 2017 8:06 PM

@kralx15, Hi,
It's not a pair in my portfolio sorry.

TheChasm

⋅ Nov 20, 2017 4:34 PM

Hi I just started following you and I don't quite understand your chart. Are you predicting that if this bearish bat pattern plays out to .99983 you will then be looking at shorting to those 2 targets?

UnknownUnicorn180388

⋅ Nov 20, 2017 8:06 PM

@TheChasm, Hi,

That's correct, If price hits .9998 then we will look for a short opportunity.

TheChasm

⋅ Nov 20, 2017 8:31 PM

@tomhall, Okay thanks for the response. I just found an exchange I really like that allows me to trade forex with Bitcoin on Metatrader 4 so I am making multiple forex trades a day now and You'll probably see me in the comment section.