Candle Pattern: Evening star
Trend: Up
Trend Entry: Against
TP/SL Ratio Target: 1 to 1
Target TP PIPs: 20
SL PIPS: 20
Fib Entry: .236<
Fib TP: .382
Stochastic: overbought
Inside EMA/SMA zone: no
BB: top
Pivot Point: R5
Notes:
Evening star and showing lots of resistance at the R5 Pivot point.
Price is at an extreme for the day.
Looking for a small pullback of 20 pips
Stochastic showing overbought, crossover and drop below 80 as confirmation
Trend: Up
Trend Entry: Against
TP/SL Ratio Target: 1 to 1
Target TP PIPs: 20
SL PIPS: 20
Fib Entry: .236<
Fib TP: .382
Stochastic: overbought
Inside EMA/SMA zone: no
BB: top
Pivot Point: R5
Notes:
Evening star and showing lots of resistance at the R5 Pivot point.
Price is at an extreme for the day.
Looking for a small pullback of 20 pips
Stochastic showing overbought, crossover and drop below 80 as confirmation
Note
SL reached, not enough of a pullback after allstochastic only made it half way
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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.