USD/CHF forms bullish BAT pattern, good to buy at dips

FX:USDCHF   U.S. Dollar / Swiss Franc
384 0 8
Harmonic patternBullish BAT pattern

Potential Reversal Zone (PRZ) – 0.9560

USD/CHF             has made a low of 0.9585 on Friday and slightly recovered from that level. Short term trend is bullish as long as support 0.9560 holds.

Any break below 0.9560 will drag the pair down till 0.9525/0.9480.

On the higher side minor resistance is around 0.9630 and break above targets 0.9680/0.9725.

Bullish invalidation only below 0.9520.

It is good to buy at dips around 0.9580-600 with SL around 0.9555 for the TP of 0.9680

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out