GBP/CHF - Bearish Bat (400+ Pips)

Here we have GBP/CHF on a 4h chart with a bearish bat harmonic pattern, as you can see price is approaching our D point for a potential reversal... I am looking for extra confirmation before entering this trade.

The measurements for a valid bat pattern are detailed below.
B: 0.382 - 0.50
C: 0.382 - 0.886
D: 1.618 - 2.618
Final X to D: 0.886

Dagangan aktif:

Entry: 1.25500

Last night I entered a position at the top of the channel shown below, I'm currently running in 80+ pips profit.

Once price breaks out of this channel it's going to drop!!!