slim7

CHFAUD possible formation of bat pattern H2

FX_IDC:CHFAUD   SWISS FRANC / AUSTRALIAN DOLLAR
price down broked a flag pattern (red) and may form a bullish bat pattern to test previous support tested only once the 1.365 level .
For a sell at actual price, TP at 1.3746 ( the 0.618 fib retracement of the last upward movement) ,SL at 1.3854 you get an RR ratio of 2 .
For a buy at 1.3656 (the D point of bat pattern ), TP at 1.3746 , SL at 1.3612 you get a RR ratio near 2 .
Aviso legal

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