Akil_Stokes
Long

$EURUSD: Potential Bullish Bat Formation

FX:EURUSD   Euro Fx/U.S. Dollar
Potential Bullish Bat Formation on the $EURUSD

Akil Stokes
Chief Currency Analyst & Head Trading Coach
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Jimdandy
5 months ago
Jason already beat you to it...LOL.. I'd like to see some sort of divergence on the RSI if and when it get's down to the .886.. actually I guess I'd like to see some convergence. At any rate it will be a good Reward to Risk trade.
+1 Reply
Akil_Stokes TOP Jimdandy
5 months ago
Ahh, darn London traders, putting in work while I'm fast asleep. Hat's off to Graystone
+1 Reply
ghostmtrading
5 months ago
Nice Akil
+1 Reply
Akil_Stokes TOP ghostmtrading
5 months ago
Thanks
+1 Reply
yeah, eurusd will most likely consolidate within XA range in the nearest future...
+1 Reply
Akil_Stokes TOP Alexander_Nikitin
5 months ago
My prediction as well. Interesting to see what price the markets end up settling on
+1 Reply
StarProsper
5 months ago
Nice post Akil, also have my eye on this one too
+1 Reply
Akil_Stokes TOP StarProsper
5 months ago
Nice!
+1 Reply
GonzaloDelmonte
5 months ago
Hi Akil, thanks for sharing it. There is also another bat pattern on the $AUDUSD (60min) which also has some significant structure to the left and may be a better option than EURUSD? Kind regards, Gonzalo
+2 Reply
Akil_Stokes TOP GonzaloDelmonte
5 months ago
Nice Gonzalo! I would never say one pattern formation is "better" than other. If they both meet the rules of engagement then I would say that they are both good opportunities
+1 Reply
RamaDeda
5 months ago
Tp will be 1.118? Thanks
+1 Reply
Akil_Stokes TOP RamaDeda
5 months ago
Mine would not, but I see nothing wrong with shooting for a retest of structure highs
Reply
Thorm
5 months ago
How are you supposed to trade this "bat formation" ?
+1 Reply
Akil_Stokes TOP Thorm
5 months ago
In advanced pattern formations the Entry should be at the "D" completion point
Reply
Davis
5 months ago
Still pending on this one , Akil?
+1 Reply
Akil_Stokes TOP Davis
5 months ago
No
Reply
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