Bat Battern on CHF, may be a sing of trend reversal
Updated
A valid BAT pattern has formed on CHF, it seems that CHF downtrend is running out of steam, the downtrend may reverse in a short while, or at least a major correction will begin.
I've set to targets, the first one corresponds with point C of the bat pattern, the second one is at 61.8% retracement of the last leg down.
Stop is placed below X
USDCHF
I've set to targets, the first one corresponds with point C of the bat pattern, the second one is at 61.8% retracement of the last leg down.
Stop is placed below X
USDCHFTrade closed: stop reached
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