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glitchTA
Jun 15, 2017 2:07 PM

Bearish Bat Pattern - Short Short

USD/CHFOANDA

Description

Bearish Pattern forming on USD/CHF.

Two positions, take profit at .382 and .618 retracements.

Position 1: Take Profit 37 Pips, Stop Loss 37 Pips
Position 2: Take Profit 73 Pips, Stop Loss 37 Pips

Order cancelled

Bearish bat pattern never completed where I expectd. Its already retraced .382 so its no longer valid even if price reaches higher up.
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