Looking at a potential bullish bat pattern here on the EURJPY Daily timeframe. This isn't a timeframe that i trade from but I wanted to provide something for the longer-term traders.
As mentioned in a comment under my previous post, although I have a specific point of entry for each advanced pattern that I trade, we must remember that it doesn't mean price action will stop on a dime and reverse right then and there. Like anything else, in pattern trading we're still looking at potential reversal zones.
For this setup i'll be mapping out my potential reversal zone and as we work our way to the lower timeframes in my live trading room, we'll see if we can find an alternative reason to get involved.
Also on my radar
EURUSD 
GBPUSD 
USDJPY 
USDCAD & 
AUDCAD
Good luck today traders.
Akil Stokes
Chief Currency Analyst & Head Trading Coach
TradeEmpowered.com
Have You Seen My Latest Trading Video? goo.gl/Afk5sG
As mentioned in a comment under my previous post, although I have a specific point of entry for each advanced pattern that I trade, we must remember that it doesn't mean price action will stop on a dime and reverse right then and there. Like anything else, in pattern trading we're still looking at potential reversal zones.
For this setup i'll be mapping out my potential reversal zone and as we work our way to the lower timeframes in my live trading room, we'll see if we can find an alternative reason to get involved.
Also on my radar
EURUSD GBPUSD USDJPY USDCAD & AUDCADGood luck today traders.
Akil Stokes
Chief Currency Analyst & Head Trading Coach
TradeEmpowered.com
Have You Seen My Latest Trading Video? goo.gl/Afk5sG
Learn To Trade (Coaching, Courses & Community)
tieronetrading.com/
🎵Check Out My Top-Rated "TRADING COACH PODCAST" (Available On Your Favorite Podcasting App)
tieronetrading.com/
🎵Check Out My Top-Rated "TRADING COACH PODCAST" (Available On Your Favorite Podcasting App)
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Learn To Trade (Coaching, Courses & Community)
tieronetrading.com/
🎵Check Out My Top-Rated "TRADING COACH PODCAST" (Available On Your Favorite Podcasting App)
tieronetrading.com/
🎵Check Out My Top-Rated "TRADING COACH PODCAST" (Available On Your Favorite Podcasting App)
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.