Candle Pattern: Bullish Checkmate Trend: Up Trend Entry: With Trend TP/SL Ratio Target: 1 to 1 Estimated PIPs: 20 Fib Entry: 38.2% Fib TP: 76.4% Stochastic: midrange Inside EMA/SMA zone: just above BB: midpoint
Notes:
engulfing bear move to the downside. Currently in a bull checkmate just above the EMA/SMA zone. Might see a nice move to the upper BB bands. SL placed just under trend and EMA/SMA zone for safety possible extension to the 1.382 fib level