AUDUSD 15M LONG | Morning Star Pattern

FOREXCOM:AUDUSD   Australian Dollar / U.S. Dollar
Candle Pattern: Morning Star
Trend: Up
Trend Entry: With

TP/SL Ratio Target: 1 to 1
Target TP PIPs: 30

Fib Entry: .618
Fib TP: .764
Stochastic: oversold
MACD Histogram: contracting
200SMA: Above
Inside EMA/SMA zone: no
BB: bottom
Pivot Point: Pivot && S1


morning star just shy of the last downside swing and just above Elliot wave 1 zone
Possibly a wave 4 correction with long term outlook to 1.3 to 1.6 fib extension level to complete wave 5 before trend change to a correction

Trade closed: target reached: TP reached in 12 hours
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out