CAD/CHF - Bullish Bat

٢٤ مارس ٢٠١٧

Hello traders, here we have CAD/CHF with a bullish bat pattern on the 4h chart.

Excellent opportunity with over 1:3 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

I'll be expecting price to stall out once it reaches the the D point, keep this setup on your watch list.

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