EURCHF - Bullish Bat Pattern on H1 Chart

9 Nis 2017

Market opens tomorrow morning, I'll be waiting for this bat pattern to complete.

• RSI might be dropping to oversold level
  
• Slightly risky short term trade, R:R at 1.1 (TP1) and 1.8 (TP2), remember to adjust lot size according to your risk appetite.
  
• Pattern spotted on H1 chart, TP in terms of pips is much smaller.
  

I will update if pattern completes.

11 Nis 2017

Not

Price has hit PRZ at current hour candle.
I will wait to see if PRZ is respected before making further decisions.

11 Nis 2017

İşlem aktif

• Next hour candle showed retracement
  
• RSI showed bullish divergence
  

11 Nis 2017

İşlem kapandı: hedefe ulaştı

closed at TP1 as this is a counter trend trade.