Akil_Stokes
Short

EURJPY: Back to Back Bat Patterns & A Video on Money Management

FX:EURJPY   Euro / Japanese Yen
Consolidation often breeds harmonic patterns & that's exactly what we're seeing here on the EURJPY             hourly chart. Now we're still holding a partial position on yesterday's bullish bat pattern and if price action were to push up to our second targets that would give us the opportunity to put in an SAR             and get involved in the bearish one that looks to be forming as well.

Also I've been getting a lot of questions about money management lately. If you haven't seen this video already make sure you check it out as it should give you a better idea of the money management strategy that I use in my trading.
https://youtu.be/jSFYOLLYM60?t=1m42s

Akil Stokes
Chief Currency Analyst & Trading Coach\
http://www.Tradeempowered.com
Comment: The bat pattern is now technically invalid and has turned into a potential Gartley Pattern. Also here's the link to watch Mario Draghi's Open Forum https://www.periscope.tv/w/aRM3OTkyNzA2NzF8MURYR3lrZ3ZhTll4TSr0NStXgc4H7E_qPwPtBcatpe59XfpClRMGcLluXtkb

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There is also a bearish cypher on the 15 min. Also check out the Bearish Gartley on EURUSD. Greets!
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now there is bullish cypher pattern forming as well X=131.600
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Same trade on my radar Akil. But for this one ill be making the .886 a "sell zone". Thanks for posting.




-Prodigy
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Hey akil , i was wondering its a valid bat because point C didnt touch 61.8
+1 Reply
hamedoza hamedoza
Also there is a potential cypher to be completed at 131.724
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VenDemilo hamedoza
Like your triangle drawings, is it possible to get it for mt4? thanks.
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dangap VenDemilo
MT4 has a triangle you can use
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Yes
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PouryaMakhmali7e Akil_Stokes
Gartley or bat?...looks like garrtley..
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dangap PouryaMakhmali7e
Both actually depending on how you want to draw it out, also a cypher in there.
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