pigzeni

USDCHF SHORT - BAT, PITCHFORK, SUPPLY AND MEAN REVERSION VWAP

FX:USDCHF   U.S. Dollar / Swiss Franc
1. Bat pattern forming - Potential reversal zone formed by 0.886 of XA, 1.27 of AB, and 1.618 of BC.
2. At the supply zone with that long wick candle
3. Price above 2 SD of weekly VWAP - MEAN REVERSION
4. At the upper parallel line of the pitchfork

SHORT after it reaches the supply zone/PRZ and upper border of the pitchfork.

With 4 confluences, I hope the trade works.

Please feel free to add your opinion regarding this setup. LET'S LEARN TO EARN.

Regards,
Kurilo



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