USDCHF Multi Harmonic Pattern Analysis and Strategy Short

U.S. Dollar/Swiss FrancFXCM

Description

⋅ Apr 16, 2019 6:47 PM

We see the formation of a bearish bat pattern (blue) and the completion of an ab=cd pattern on the 4 hr chart. The completion of the ab=cd pattern signaled us to sell the pair and our strategy is to trade the 4th leg of the bat pattern. FX:USDCHF