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Akil_Stokes
Jun 30, 2016 10:39 PM

NZDUSD: Potential Bearish Advanced Bat Formation Short

New Zealand Dollar/U.S. DollarFXCM

Description

As discussed in today's video, many of the pairs that I watch have been consolidating after the Brexit reaction, making for limited opportunities for longer timeframe traders.

However, if we were to see a correction back to where the markets were trading before the vote, there is the potential for a handful of Advanced Pattern Formations including this Bearish Bat Formation on the NZDUSD.

Akil Stokes
Chief Currency Analyst & Head Trading Coach
TradeEmpowered.com -The Premier Online Trading Education Company

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Trade closed: target reached

Comments
KISSTRADING
Looking back through your posts, you haven't called many right Akil. More so than not I believe you're a genuine trader but consistently calling it wrong is a big factor that stops me from parting with cash to take part in the trade empowered programme. And the fact that Jason comes across an utter prick, albeit whilst seeming a good teacher. Just thought you might care to know. Maybe others hold the same opinion.
Akil_Stokes
Hey Reihana, please understand that I only share about 1 post a week here on tradingview and just because I share it does not mean I actually got involved in the trade. If you're looking for a more realistic view of what I trade I recommend taking the 30 $1 trial offer in our Syndicate program or spending a free week in my Live Trading Room, that way you'll be able to see what we're trading on a daily basis. In general I'm only about a 55% trader so I'm wrong essentially as much as I'm right when it comes to my trading. I appreciate the comment and compliment and I hope to see you in one of those programs at least for the trial as it'll give you a clearer idea of what we actually do, verse what you see here. Good luck this week!
Akil_Stokes
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