So, I have always wondered why the Dollar Swiss Franc never really made any significant moves and I was reading about commoditiy currencies and ran across these things called reserve curriencies. turns out the USD CHF is a reserve currency. So, as a foreign exchange trader growth and knowledge is as important as Any other profession.
with all that being said here we have one of two patterns. we have a deep gartley with the wick meeting the maximum 3% tollerance outlined i Harmonic Trading Volume 3 or we have a very dirty Bat pattern. PA closed at like 5.01 or 5.05 of the XA retracement. now this is not really a big issue for this paticular setup becasue both the bat and deep gartley complete at the 886 and both have the same cd completion points. so, the box is the PRZ bottom of the box is the 886 and the cd 1.618 lined up just perfectly.
#RISKFREEORBUST
USDCHF
with all that being said here we have one of two patterns. we have a deep gartley with the wick meeting the maximum 3% tollerance outlined i Harmonic Trading Volume 3 or we have a very dirty Bat pattern. PA closed at like 5.01 or 5.05 of the XA retracement. now this is not really a big issue for this paticular setup becasue both the bat and deep gartley complete at the 886 and both have the same cd completion points. so, the box is the PRZ bottom of the box is the 886 and the cd 1.618 lined up just perfectly.
#RISKFREEORBUST
USDCHF
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.