akyong
Short

USDCHF: 2 Potential Patterns in Confluence with Structure

FX:USDCHF   U.S. Dollar / Swiss Franc
We have 2 potential patterns, namely the Bat and smaller Butterfly pattern completing in confluence with a previous support turn resistance level . Personally I will be taking this trade should price continue upwards to complete the Bat pattern .

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let's say the price of usdchf had gone up to .96. would you have adjusted your profit targets up to correspond to the new 38.2 and .618 fib levels?
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akyong PRO riskmode
No I personally won't.
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Great job
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Why RSI period of 7?
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Exactly - why? More sensitive?
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akyong PRO leszekstanislaw
It is more sensitive yes. You can also use the default setting of 14
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