NZDUSD 15M Long | Morning Star
Candle Pattern: Morning Star
Trend: Up
Trend Entry: With Trend
TP/SL Ratio Target: 1 to 1
Estimated PIPs: 9
Fib Entry: 50%
Fib TP: 61.8%
SMA EMA crossed to form and signal new uptrend
Entering at 50% fib level from upswing.
looking for conservative TP at 618 fib level
keep an eye out for 1.3 or 1.6 extension as could of have been profits considering its a new uptrend
Trend: Up
Trend Entry: With Trend
TP/SL Ratio Target: 1 to 1
Estimated PIPs: 9
Fib Entry: 50%
Fib TP: 61.8%
SMA EMA crossed to form and signal new uptrend
Entering at 50% fib level from upswing.
looking for conservative TP at 618 fib level
keep an eye out for 1.3 or 1.6 extension as could of have been profits considering its a new uptrend
Trade closed: stop reached:
morning star didnt hold up
might look for re-entry closer to trend line or blue SMA
might look for re-entry closer to trend line or blue SMA