Candle Pattern: Morning star
Trend: up
Trend Entry: with
TP/SL Ratio Target: 2 to 1
Target TP PIPs: 40
SL PIPS: 20
Fib Entry: 0
Fib TP: 1
Stochastic: over-sold
MACD: bullish
200SMA: above
BB: n/a
Pivot Point: Pivot
Elliot Wave:
End of wave 5
Looking for final wave 5 high
Notes:
Morning star forming at the 200SMA and last swing low
stochastic showing over-sold
macd is showing bullish strength
What can go wrong:
ABC correction could start now
MACD now turning bearish on strength and stochastic has more room to the downside.
Might be a premature entry
Trend: up
Trend Entry: with
TP/SL Ratio Target: 2 to 1
Target TP PIPs: 40
SL PIPS: 20
Fib Entry: 0
Fib TP: 1
Stochastic: over-sold
MACD: bullish
200SMA: above
BB: n/a
Pivot Point: Pivot
Elliot Wave:
End of wave 5
Looking for final wave 5 high
Notes:
Morning star forming at the 200SMA and last swing low
stochastic showing over-sold
macd is showing bullish strength
What can go wrong:
ABC correction could start now
MACD now turning bearish on strength and stochastic has more room to the downside.
Might be a premature entry
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.