GBPCHF - Bat pattern has completed

Short

British Pound / Swiss Franc (FOREXCOM:GBPCHF)

Updated

FOREXCOM:GBPCHF British Pound / Swiss Franc

Bat

1. Prices have reached 88.6% of the bat pattern.
2. Also retesting a historic supply zone which matches the 50% retracement of the downtrend.

Comment:

Oh, and just to add to the list of confirmations of a short... The RSI is currently overbought.

Happy trading guys.

Comment:

Best one thus far :) thanks for all the likes guys!!!

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