Trade Idea USDCHF - Short 0.9135

I won't be taking this trade, but will be watching with interest as it has implications for my open position.

This is not a conventional pattern, as the 0.50 B retracement of the larger (orange) pattern should set up a bat at 0.9227,  but the fib confluence at 0.9160 is hard to ignore.

On the H1 we have a bearish bat (blue) D 0.9137, with broken TL as resistance and at a QM level.