CAD/CHF - Harmonic Confluence

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 :)

Zlecenie aktywne

Komentarz:

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

Komentarz:

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

I'm currently up 300 pips.

Transakcja zamknięta: osiągnięto wyznaczony cel:

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