CAD/CHF- Harmonic confluence- 4 hour chart

2017年5月22日

Good evening guys, here we have CAD/CHF having formed a bullish Bat and a bullish AB=CD patter on a 4 hour chart.

Great trading opportunity with a risk reward of over 1:3

The valid measurements for a bat pattern are
B: 0.382-0.5
C:0.382-0.886
D:1.618-2.618
X-D: 0.886

I expect a strong reversal here and for support and resistance to be broken.

Have a good evening people, this trade was found on behalf of my good friend Lewis, connect with him here:
tradingview.com/u/LewisGlasgow/