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ironcondor
Feb 23, 2018 9:07 PM

NZDUSD 15M Short | Evening Star Pattern & dojis Short

New Zealand Dollar / U.S. DollarFOREX.com

Description

Candle Pattern: Evening Star
Trend: Down
Trend Entry: With Trend
TP/SL Ratio Target: 1 to 1
Estimated PIPs: 10
Fib Entry: 61.8%
Fib TP: 61.8%
Stochastic: overbought
Inside EMA/SMA zone: yes
BB: midpoint

Notes:

morning star, entering after the breaking the green up bar
spotted possible downside move after spotting several doji's prior
bolinger mid band entry, looking for a move to the downside lower band
might see a band ride to fib extension 1.382





Comment

TP reached
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