Akil_Stokes
Short

EURUSD: Potential Bearish Bat Pattern

FX:EURUSD   Euro Fx/U.S. Dollar
It's Friday...I'm feeling burnt out, so we're going to keep it really simple today. Potential Bear Bat Pattern . There you have it. It is pretty cool that we get some extra fibonacci confluence in the form of an 61.8 retracement & a 161.8 extension but at the end of the day the pattern is all that really matters to me.

Other pairs on my radar today are the GBPJPY             , USDJPY             , EURAUD             (SHort) & USDCAD            

If you didn't do so yesterday make sure you check out my latest YouTube video

"Simple Technical Analysis & Why Markets Move" https://www.youtube.com/watch?v=n5UI2kypn4I

Have a great weekend traders! And of course Live Room/Syndicate members I'll still see you today in an hour or so.

Akil
Akil Stokes -Head FOREX Trading Coach at Trade Empowered
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"Plan Your Trade, Trade Your Plan"




IssaOuattara
a year ago
You are right sir ! Eurusd go down at 1.12 around
+1 Reply
Akil_Stokes TOP IssaOuattara
a year ago
I hope it spike sup just enough to get me filled first
Reply
Ahmer
a year ago
There is really a simple short setup Bat Pattern. Due to Greece situation and weekend i will prefer stay side line for today.
Thanks for Analysis.
+2 Reply
Akil_Stokes TOP Ahmer
a year ago
I;m like you, i've been holding nothing over the weekends and won't be until the situation is settled
+1 Reply
Akil_Stokes TOP Ahmer
a year ago
Not worth the risk of those gaps
Reply
anthony.pham00 PRO Akil_Stokes
a year ago
I fell asleep so couldnt close a couple positions but i think they should be for Monday's open :)
+1 Reply
Akil_Stokes TOP anthony.pham00
a year ago
Hopefully, I'd make sure I'm around when the markets open or at least managing from a mobile device just in case
Reply
Ice400 PRO
a year ago
Great work Akil. Have a good weekend
+1 Reply
Akil_Stokes TOP Ice400
a year ago
Thanks I'm looking forward to a fun Friday, then getting away from the charts for a while. Have a great one as well
Reply
OsamaAbouzeid
a year ago

snapshot
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OsamaAbouzeid
a year ago
Also there is ABCD pattern at 1H time frame
+1 Reply
Akil_Stokes TOP OsamaAbouzeid
a year ago
That's certainly another option for someone looking to hop in earlier
Reply
KingVestment
a year ago
cypher maybe?
snapshot
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Akil_Stokes TOP KingVestment
a year ago
That;s not a valid Cypher. Please check your C leg
Reply
gytn25
a year ago
I've seen that bat too, but I think it's kind of sketchy, maybe it's better to wait until there is some decision about the greek proposals from yesterday?

snapshot
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Akil_Stokes TOP gytn25
a year ago
When in doubt, stay out
Reply
Can you fit a pattenrn with a lower PRZ there?
Looks great, I think it's a short, but not sure it'll continue higher.
Reply
Akil_Stokes TOP IvanLabrie
a year ago
what do you mean by "fit a pattern?"
Reply
IvanLabrie TOP Akil_Stokes
a year ago
Exactly that, make a pattern fit with a reversal before hitting your prz.
In this case, it seems that the ABCD worked for now.
+1 Reply
Akil_Stokes TOP IvanLabrie
a year ago
Okay, i get you, No I would never do that. If a different opportunity came before a pattern I would simply have to decide which opportunity I'd like to be involved in, or split my position
+1 Reply
IvanLabrie TOP Akil_Stokes
a year ago
Isn't that a BAMM entry?
I'm on the sidelines now. Just waiting.
+1 Reply
Akil_Stokes TOP IvanLabrie
a year ago
No the BAMM would be something else
Reply
Comment removed
Akil_Stokes TOP EMIL_GES
a year ago
In the future instead of just trying to self promote, why not add something of value to the conversation?
+2 Reply
This is my view for next week the bat at good resistance if price heads north, a Cypher if price heads south at strong support
snapshot
You are the best Akil you and Jason changed my life
+1 Reply
ThomasJeff_DCM PRO ThomasJeff_DCM
a year ago
Here is the chart sorry
+1 Reply
ThomasJeff_DCM PRO ThomasJeff_DCM
a year ago
snapshot
+1 Reply
Akil_Stokes TOP ThomasJeff_DCM
a year ago
Thanks man! Nice chart below too!
+1 Reply
moneymaking
a year ago
Hey AKil, How you doing? I'm also with you, staying on the sideline for this pair. Greece seems very unpredictable right now. Hope we see some settlement in Greece, so that traders can trade more comfortably and with less fear. Have a good weekend as well :)
+1 Reply
ChartArt
a year ago
If everybody thinks it is a bearish bat pattern, then it won't play out as a bearish bat pattern ... :)

EUR/USD - BAT PATTERN


EURUSD-trading the triangle-bearish bat
Reply
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