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ironcondor
Feb 23, 2018 1:19 AM

AUDJPY 15M Short | Evening Star Pattern Short

Australian Dollar / Japanese YenFOREX.com

Description

Candle Pattern: Evening Star
Trend: Down
Trend Entry: With Trend
TP/SL Ratio Target: 1 to 1
Estimated PIPs: 12
Fib Entry: 38.2%
Fib TP: 100+%
Stochastic: Overbought

Evening star inside EMA/SMA zone and around the fib 382 level. Stochastic showing over bought
conservative 12 pip TP. Look for possible extensitions to the trend downside

Trade closed: target reached

profit reached

extended to 2.0 fib level before next pull back
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