Hello traders, here we have CAD/CHF 0.02% on the 1h chart with a valid bearish bat pattern.
All-round excellent opportunity with over 1:2 risk to reward.
The measurements for a valid bat pattern are detailed below.
B: 0.382 - 0.50
C: 0.382 - 0.886
D: 1.618 - 2.618
Final X to D: 0.886
This is one to watch right now, I thought I'd share this before heading off after a loooong day.
I'll be looking for additional confirmation before taking the trade!
All-round excellent opportunity with over 1:2 risk to reward.
The measurements for a valid bat pattern are detailed below.
B: 0.382 - 0.50
C: 0.382 - 0.886
D: 1.618 - 2.618
Final X to D: 0.886
This is one to watch right now, I thought I'd share this before heading off after a loooong day.
I'll be looking for additional confirmation before taking the trade!
Nota
Keep an eye on the support trendline.Nota
Heading towards TP 1, lock in profit at 0.78.Nota
Move you stop loss into profit!Trade fechado: objetivo atingido
BOOM!
📈 Master the Art and Science of Trading: sixfigurecapital.com
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📈 Master the Art and Science of Trading: sixfigurecapital.com
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.