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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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.
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Ahh, darn London traders, putting in work while I'm fast asleep. Hat's off to Graystone
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Nice Akil
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Akil_Stokes PRO ghostmtrading
Thanks
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yeah, eurusd will most likely consolidate within XA range in the nearest future...
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Akil_Stokes PRO Alexander_Nikitin
My prediction as well. Interesting to see what price the markets end up settling on
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Nice post Akil, also have my eye on this one too
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Akil_Stokes PRO StarProsper
Nice!
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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
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Akil_Stokes PRO GonzaloDelmonte
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
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Tp will be 1.118? Thanks
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Mine would not, but I see nothing wrong with shooting for a retest of structure highs
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How are you supposed to trade this "bat formation" ?
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In advanced pattern formations the Entry should be at the "D" completion point
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Still pending on this one , Akil?
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No
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