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jmendozafx
Aug 22, 2017 6:32 AM

USDCHF - Potential Bullish Bat Pattern Long

U.S. Dollar/Swiss FrancFXCM

Description

Bullish bat pattern developing on Swissy. We have the (X-A) leg completing at .97728, followed by the (A-B) leg retracing 57%. (B-C) then retraces 96% to .97657, but as you can clearly see it does not violate our (X-A) leg high, so we are still in play. (C-D) leg's 88.6% potential completion comes in at .94760's above a notable level of structure.
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