GBPCHF - Bearish Bat Completion

Oct 26, 2017

Just spotted a bearish bat completion on GBPCHF.

This is a big H4 bat.

Will be waiting for a retest before deciding if I will go short on this.

I hope to see price retest the PRZ and form a double top first.

Then I will monitor the volume indicator to time my entry.

Will keep you guys posted.

Oct 29, 2017

Note

For next week, will be waiting for a retest of the 1.3160-1.3170 zone.

I like the black volume candle during the first test of the PRZ.

It likely suggests that big boys are coming in.

Will watch the reaction at the retest before deciding if I will short it.