CAD/CHF - Harmonic Confluence

٢٢ مايو ٢٠١٧

Hello traders, here we have CAD/CHF with a bullish bat and bullish AB=CD on the 4h chart.

Excellent opportunity with over 1:3 risk to reward.

I'm looking for a second entry on this move.

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

The D point completes on a level of daily support (chart is shown below), price is currently stalling on this level and I'm expecting an aggressive reversal.



Feel free to connect with me on social media :)

٢٢ مايو ٢٠١٧

تم فتح الصفقة

٥ يوليو ٢٠١٧

ملاحظة

We may experience a pullback to support before continuing the move up, to all those holding the trade make sure you secure profits.

١١ يوليو ٢٠١٧

ملاحظة

After the pullback the move continued, we are now steadily approaching our final take profit level.

I'm currently up 300 pips.

١٢ يوليو ٢٠١٧

أغلقت الصفقة: تم الوصول للهدف

Well done to those who held the trade, huge profit!