Bat pattern is, so far, forming nicely and as anticipated. The AB leg completed at 0.65955 . I am now forcasting price will start moving back down to complete the CD leg somewhere in the vacinity of 0.65484.
Using Supply/Demand Zone analysis I marked off the chart on the 60 minute time frame. I also looked at the Daily and Weekly time frames to get an idea for overall trend. I also marked off an area of Weekly resistance.
Harmonics are falling nicely into alignment. However, there is the possibility price could continue upwards to 1.00688 before reversing. I see a good opportunity for a Short position. FX:USDCHF
Based on Supply Zone Analysis I believe the USDCHF has reached a pivot point and has begun trending to the down side. Question is will price push past bullish support?