Candle Pattern: Evening star
Trend: up
Trend Entry: against
TP/SL Ratio Target: 2 to 1
Target TP PIPs: 40
SL PIPS: 20
Fib Entry: 1
Fib TP: 1+
Stochastic: over-bought
MACD: bullish
200SMA: above
BB: n/a
Pivot Point: R1
Elliot Wave:
Currently on wave 5
Looking for the start of ABC correction to the downside
Notes:
Entry placed at the last swing high
stochastic showing over-bought at time of entry
macd is showing bullish strength, however we are seeing some divergence to the downside
What can go wrong:
could make a new wave 5 high beyond my SL
Trend: up
Trend Entry: against
TP/SL Ratio Target: 2 to 1
Target TP PIPs: 40
SL PIPS: 20
Fib Entry: 1
Fib TP: 1+
Stochastic: over-bought
MACD: bullish
200SMA: above
BB: n/a
Pivot Point: R1
Elliot Wave:
Currently on wave 5
Looking for the start of ABC correction to the downside
Notes:
Entry placed at the last swing high
stochastic showing over-bought at time of entry
macd is showing bullish strength, however we are seeing some divergence to the downside
What can go wrong:
could make a new wave 5 high beyond my SL
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.