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lyl89
Nov 1, 2016 9:31 AM

USDCHF - Potential Bat Pattern on H4 Long

U.S. Dollar/Swiss FrancFXCM

Description

A bullish bat pattern is about to complete with PRZ at support area.
Better results : Retail sales and PMI figures for CHF a while ago, pushing USDCHF to PRZ soon.
RSI is reaching the oversold level.

Market seem to be ranging at the moment, tons to US news coming up the next few days.
I will update when pattern completes, trade with caution.

Order cancelled

No retracement, no trade.
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