AUDCAD 15M Long | Morning Star Pattern
Updated
Candle Pattern: morning star
Trend: up
Trend Entry: with
TP/SL Ratio Target: 1 to 1.5
Target TP PIPs: 15
SL PIPS: 10
Fib Entry: .618
Fib TP: 1.0
Stochastic: oversold
Inside EMA/SMA zone: yes
BB: bottom
Notes:
morning star at .618 to .764 range retracement within up trend.
stochastic showing oversold crossover and crossing 20 confimation line
TP at 1.0 but might see upswing to 2.0 fib
Trend: up
Trend Entry: with
TP/SL Ratio Target: 1 to 1.5
Target TP PIPs: 15
SL PIPS: 10
Fib Entry: .618
Fib TP: 1.0
Stochastic: oversold
Inside EMA/SMA zone: yes
BB: bottom
Notes:
morning star at .618 to .764 range retracement within up trend.
stochastic showing oversold crossover and crossing 20 confimation line
TP at 1.0 but might see upswing to 2.0 fib
Trade closed: target reached
TP reached in 3HR
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