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ironcondor
Mar 6, 2018 7:45 AM

EURUSD 15M LONG | Morning Star Pattern Long

Euro / U.S. DollarFOREX.com

Description

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: .618
Fib TP: 1.0
Stochastic: oversold
Inside EMA/SMA zone: yes
BB: bottom
Pivot Point: Between Pivot & R1

Notes:

morning star formed and stochastic showing oversold.
pullback within up trend
TP within 100% fib of previous sing high




Trade closed: target reached

tp reached in 13 hours
price went to 2.0+ fib extension
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