Harmonic Bat Completion at Major Resistance Ceiling

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Harmonic Bat Completion at Major Resistance CeilingCHF/JPYOANDA:CHFJPYKhoraCapitalThe Swiss Franc against the Japanese Yen is offering a compelling structural setup on the 4-hour framework, indicating a significant potential for a bearish reversal after an aggressive expansion. Technical View: I am tracking a high-confluence short setup built around a Harmonic Bat structure integrated with a symmetrical AB=CD corrective wave pattern. The terminal 'D' leg of this harmonic matrix has completed precisely at the 203.579 horizontal resistance level and Price action is already showing initial rejection signs at this ceiling. The Goal: Based on systematic support and resistance principles, I am expecting price to trade downward from this exhaustion point. The primary target for this bearish expansion is a return to the macro horizontal support floor anchored near the 198.900 and downwards handle. #CHFJPY #Forex #HarmonicTrading #BatPattern #PriceAction #TradingView #SupportAndResistance This is for educational and research purposes only and does not constitute investment advice.