Here we see a bull alt bat followed by a classic bear bat.
This could lead to a selling opportunity on USD/CHF. A 30 pip risk with entries around 0.939 should keep our position safe.
Total risk should be no more then 3% on any particular trade.
This could lead to a selling opportunity on USD/CHF. A 30 pip risk with entries around 0.939 should keep our position safe.
Total risk should be no more then 3% on any particular trade.
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The bat pattern was a bust in my books, but we still managed to form a very extended butterfly pattern with what appears to be a forming h&s pattern confirming the trade:
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