Get started
FX_CouchPotato

Bat Battern on CHF, may be a sing of trend reversal

Long
U.S. Dollar / Swiss Franc (OANDA:USDCHF)  
FX_CouchPotato Updated   
OANDA:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Harmonic Patterns USDCHF
5
0
trendanalysis harmonicpatterns usdchf
A valid BAT pattern has formed on CHF, it seems that CHF downtrend is running out of steam, the downtrend may reverse in a short while, or at least a major correction will begin.
I've set to targets, the first one corresponds with point C of the bat pattern, the second one is at 61.8% retracement of the last leg down.

Stop is placed below X



USDCHF
Trade closed: stop reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.