AUDCHF Potential Bullish Bat Pattern Formation and Trade Setup\r\n\r\nDescription: AUDCHF retested the 0.70650 resitance and made double top. We see a potential bullish bat harmonic pattern formation on the H4 Chart timeframe. Our trade plan is to enter a short trade targeting 0.69900 support and if the price breaks below 0.69900 we will look for a completion of Bullish Bat pattern at D to enter a long trade. Setup has a good risk rewards ratio.\u00a0\r\n\r\nPair \/ Instrument:\u00a0AUDCHF\r\n\r\nTime Frame:\u00a0H4\r\n\r\nThe trend in the Timeframe: Bullish\r\n\r\nThe trend in the Daily Chart:\u00a0 Neutral\r\n\r\nTrade Based\u00a0On: Resistance Test\r\n\r\nAccuracy:\u00a0%69\r\n\r\nRecommended Lot Size:\u00a00.05 @ 10 K Account with 1:100 Leverage\r\n\r\nTrade:SHORT\r\n\r\nThe Area Of The Entry:\u00a0 0.70420\r\n\r\nStop Loss:\u00a0Above 0.70700\r\n\r\nTarget 1:\u00a00.69900\r\n\r\nTarget 2:\u00a00.69200\r\n\r\nWhat to Pay Attention:\u00a0\r\n\r\nIf the setup works as predicted, Long Trade Setup Based on Bullish Bat:\r\n\r\nTrade:LONG\r\n\r\nThe Area Of The Entry:\u00a0 0.69200 - 0.69100\r\n\r\nStop Loss: Below 0.68800\r\n\r\nTarget 1:\u00a00.69800\r\n\r\nTarget 2:\u00a00.70600\r\nYou can follow the trade: AUDCHF Trade Setup\r\nSubscribe to our services free of charge\r\n\u00a0SUBSCRIBE FREE\r\n\r\nSubscribe to our premium packages if you would like to get 1000+ instruments analysis and trade signals of Chartreadreadepro.\r\n \r\nForex Signals\r\n \r\n\r\n\r\n\r\n \r\n\r\n\r\n\r\nIf you find our content useful, you can donate via PayPal.\r\n\r\n\r\n\r\n \r\n\r\n\r\nRules To Keep In Your Mind:\u00a0\u00a0Trade Safe. Money\u00a0 Management is the key to success in forex trading. Do not risk more than 1% of your account in each trade.\r\n\r\nYou can contact us via Skype User\u00a0Name:\u00a0Chartreaderpro\r\n\r\nDISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money\r\n\r\nAUDCHF Bullish Bat Formation: Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.