Candle Pattern: Evening star Trend: down Trend Entry: with TP/SL Ratio Target: 2 to 1 Target TP PIPs: 40 SL PIPS: 20 Fib Entry: .618 Fib TP: 1 Stochastic: over-bought MACD: bearish 200SMA: below BB: n/a Pivot Point: Pivot & R1 Elliot Wave: End of wave 5 Looking for final wave 5 low Notes: Evening star formed at 764 fib level, around the r1 pivot stochastic...
Candle Pattern: Evening star Trend: down Trend Entry: with TP/SL Ratio Target: 3 to 1 Target TP PIPs: 60 SL PIPS: 20 Fib Entry: .618 Fib TP: 1 Stochastic: over-bought MACD: bearish 200SMA: below BB: n/a Pivot Point: Pivot && R1 Elliot Wave: Currently on wave 4 looking for wave 4 to make a completion closer to wave 1 high Notes: Evening star expected to form...
ORDER OPENED OVERNIGHT CLOSED BEFORE POSTING THIS Candle Pattern: Evening star Trend: down Trend Entry: with TP/SL Ratio Target: 2 to 1 Target TP PIPs: 40 SL PIPS: 20 Fib Entry: .764 Fib TP: .236 Stochastic: over-bought MACD: turning bearing 200SMA: slightly above BB: n/a Pivot Point: R3 Elliot Wave: wave 4 completion possibly wave 4 completion area as its...
Classic Bearish engulfing on the weekly and break of lower trend line, and now testing resistance which was former support. This is going to be a good short for next week.
ORDER OPENED OVERNIGHT Candle Pattern: Evening star Trend: up Trend Entry: against TP/SL Ratio Target: 2 to 1 Target TP PIPs: 40 SL PIPS: 20 Fib Entry: 1 Fib TP: .50 Stochastic: over-bought MACD: Bullish turning bearing 200SMA: above BB: n/a Pivot Point: pivot && R1 Elliot Wave: Wave 3 high established looking for a move to the downside to form wave 4...
ORDER OPENED OVERNIGHT Candle Pattern: Morning star Trend: up Trend Entry: against TP/SL Ratio Target: 2 to 1 Target TP PIPs: 40 SL PIPS: 20 Fib Entry: .764 Fib TP: 1 Stochastic: over-bought MACD: Bullish turning bearing 200SMA: above BB: n/a Pivot Point: pivot && R1 Elliot Wave: Correction Phase Wave A completed, looking for B point shy of wave 5, then make a...
Candle Pattern: Evening star Trend: down Trend Entry: with TP/SL Ratio Target: 2 to 1 Target TP PIPs: 40 SL PIPS: 20 Fib Entry: .382 Fib TP: 1 Stochastic: over-bought MACD: trending up 200SMA: below BB: n/a Pivot Point: pivot Elliot Wave: Possibly the start of wave 3 to the upside but since price is below 200sma, going to try to see if price action retests the...
ENTRY MADE OVERNIGHT Candle Pattern: Evening star Trend: up Trend Entry: against TP/SL Ratio Target: 2 to 1 Target TP PIPs: 40 SL PIPS: 20 Fib Entry: 0 Fib TP: 1+ Stochastic: over-bought MACD: trending down 200SMA: above BB: n/a Pivot Point: pivot Elliot Wave: Wave 5 completed. Looking for a drop to create wave A correction Notes: Entry placed just shy of...
Candle Pattern: evening star Trend: down Trend Entry: with TP/SL Ratio Target: 2 to 1 Target TP PIPs: 40 SL PIPS: 20 Fib Entry: .764 Fib TP: 1+ Stochastic: over-bought MACD: up 200SMA: below BB: n/a Pivot Point: pivot Elliot Wave: wave C pullback, looking for wave C to make a new low Notes: Entry placed at the .764 level at the pivot point and just at the...
Candle Pattern: evening star Trend: down Trend Entry: with TP/SL Ratio Target: 2 to 1 Target TP PIPs: 40 SL PIPS: 20 Fib Entry: .764 Fib TP: .50 Stochastic: over-bought MACD: down 200SMA: above BB: n/a Pivot Point: R5 Elliot Wave: possible Wave 4 completion and the start of wave 5. Wave 4 is at the edge of the wave 1 zone making for a high probability entry to...
Hello guys, The right shoulder of the inverse H&S and a symmetrical triangle are broken with an evening star. LTC move has formed a beginning of bear flag. These indicators involve a test of $152 support in the short-term. Just a bearish momentum I think, LTC should recover its value in a few days. Don't forget that LTC has formed a huge and perfect symmetrical...
GBPCAD has found resistance at 1.84500, and it formed and Evening start which is a reversal pattern and i expect it to retrace at least to 61.8 retracement level
AUDUSD 15M long | 764 Fibonacci Entry Order opened and closed overnight before able to publish Candle Pattern: evening star Trend: dowqn Trend Entry: with TP/SL Ratio Target: 2 to 1 Target TP PIPs: 40 SL PIPS: 20 Fib Entry: .764 Fib TP: .50 Stochastic: over-bought MACD: down 200SMA: below BB: n/a Pivot Point: pivot Elliot Wave: Currently at C correction...
Hi everyone, First, we can see a Double top pattern here, with the top at around 8600 which is all so the strong resistance. The bottom of this pattern is 7376. Second, we have two bearish patterns on top with the name Shooting Star or Evening Star. how-trade-forex.com So now the price will consolidate at resistance line for a while before the time comes:...
trade entry opened overnight. See previous idea that outlines my entry goal. Candle Pattern: evening Star Trend: up Trend Entry: against TP/SL Ratio Target: 2 to 1 Target TP PIPs: 40 SL PIPS: 20 Fib Entry: .764 Fib TP: 1.0 Stochastic: over-bought MACD Histogram: contracting down 200SMA: above BB: n/a Pivot Point: R1 Elliot Wave: elliot wave 5 possibly...
Ichimoku We see from our Ichimoku that there is indecision in the market. Chikou span is under price, and Kijun sen is on top of price. Both of these indicate the trend will need more steam if the bulls want to hold this uptrend today. Tenkan sen indicates potential market trending. Senkou span A&B are acting as resistance and have been widening as volatility...
Candle Pattern: Evening Star Trend: down Trend Entry: with TP/SL Ratio Target: 2 to 1 Target TP PIPs: 40 SL PIPS: 20 Fib Entry: .764 Fib TP: .382 Stochastic: over-bought MACD Histogram: contracting down 200SMA: below at the time Inside EMA/SMA zone: no BB: top Pivot Point: R1 Elliot Wave: currently in the wave 4 correction zone. I see further downside to reach...
Candle Pattern: Evening Star Trend: down Trend Entry: with TP/SL Ratio Target: 2 to 1 Target TP PIPs: 40 SL PIPS: 20 Fib Entry: .764 Fib TP: 1+ Stochastic: over-bought MACD Histogram: contracting down 200SMA: slightly below Inside EMA/SMA zone: no BB: top Pivot Point: Pivot Elliot Wave: looks like the formation of the C point correction to the last elliot...