Potential bat pattern forming on NZD/CHF 4 hour time frame!??
TP @ 61.8 Fib retracement of C/D
If price action confirms further bearish movement @ 61.8 fib then TP2 will be towards 127% extension of C/D
Type 2 Bearish Gartley formed on daily time frame.
Also on 4hour chart double top formed at point D which confirmed my entry short at completion of pattern.
I set Profit targets at 38.2% fib and 88.6% of C/D due to pattern forming on higher timeframe.
There are some good profits to be made here so keep an eye on this one!
Any Feedback from more experienced...