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KyleMcQuade

EURCHF Bullish Bat

Long
Euro / Swiss Franc (FX:EURCHF)  
KyleMcQuade  
FX:EURCHF   Euro / Swiss Franc
EUR chf EURCHF Bullish Patterns Bat LONG Harmonic Patterns
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eur chf eurchf bullish batpattern long harmonicpatterns
Here we have a bullish bat forming as price approaches the bottom leg of a rising channel on the weekly chart. Looking for a reversal around the 1.0828 mark and taking profit at the 0.618 fib level from A to D.

Bat ratios:

AB: 0.382 - 0.5
BC: 01.382 - 0.886
CD: 1.682 - 2.618
XD: 0.886
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