Akil_Stokes
Short

EURUSD: Bearish Bat, Bearish Cypher, Structure Short

FX:EURUSD   Euro Fx/U.S. Dollar
We've had this one on our radar for a while now & finally price action has reached the completion point for our Bearish Advanced Bat Formation . (There's also a potential Bearish Advanced Cypher Formation hanging out a little higher)

Because this pattern formation is to large for my liking, I'll be keeping an eye on the Pre-Brexit highs for a structure based trading opportunity as my way to potentially get involved. As mentioned in last nights video, I'm actually not to sold on this level as my analysis on the HTF's is telling me bullish breakout. But if there's a conservative way to involved myself (that meets my rules of course) then I'll be in. After all, as a counter trend trader we're only looking to grab a cookie crumb from the market & not a full cookie.

Akil Stokes
Chief Currency Analyst & Head Trading Coach
http://www.TradeEmpowered.com -The Premier Online Trading Education Company
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foresty_s
7 months ago
Great job man. Good luck
+1 Reply
Akil_Stokes TOP foresty_s
7 months ago
Thank you
Reply
isuru003
7 months ago
Thanks for analysis
+1 Reply
Akil_Stokes TOP isuru003
7 months ago
you're welcome
Reply
caifu642
7 months ago
But I like full cookies!
+1 Reply
TomPower caifu642
7 months ago
I like tcdc in my brownies
+1 Reply
Akil_Stokes TOP TomPower
7 months ago
lol
Reply
Akil_Stokes TOP caifu642
7 months ago
Go for the full meal then. yum!
Reply
pixi
7 months ago
Hi akil, agree with you !
Others patterns in the same area
Bearish patterns at 1.134 / 1.135


And for the next step
Target 1.25 in mid term view
+1 Reply
Akil_Stokes TOP pixi
7 months ago
Thanks for the share!
Reply
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