2018Mar27 USDCHF H1 Bullish Bat

USDCHF is on an uptrend and there is a bullish bat. The bullish bias is confirmed by a double bottom with a red hammer (right bottom) closing at 0.94398 which also guided price entry. Stop loss is placed just below point X while the take profit targets are set at the 38.2 and 61.8 Fibonacci retracement levels of leg AD and point A.

Trade Setup: Bullish Bat
Price Entry 0.94398
SL 0.94195 | SL pips 20.3
TP1 0.94851 | TP1 pips 45.3
TP2 0.95173 | TP2 pips 77.5
TP3 0.95693 | TP3 pips 129.5
RRR1 2.23 | RRR2 3.82 | RRR3 6.38
Status/Remarks: TP1, TP2, & TP3 hit! :)