ironcondor
Long

EURCHF 15M Long | Morning Star Pattern

FOREXCOM:EURCHF   Euro / Swiss Franc
Candle Pattern: morning star
Trend: up
Trend Entry: with

TP/SL Ratio Target: 1 to 1
Target TP PIPs: 20
SL PIPS: 20

Fib Entry: .236
Fib TP: 1.382
Stochastic: oversold
Inside EMA/SMA zone: yes
BB: middle band

Notes:

new upswing to the top side and new up trend forming
fib pullback to the .764 level and creates a morning star
stochastic shows oversold at the .764 level creating a higher low
following a second pullback and creating another higher low and stochastic showing top side strength
Trade closed: target reached: profit target reached
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