Candle Pattern: Piercing Pattern
Trend: Down
Trend Entry: With Trend
TP/SL Ratio Target: 1 to 1
Estimated PIPs: 15
Fib Entry: 61.8%
Fib TP: 76.4%
Stochastic: Overbought
Notes:
Entering within EMA/SMA zone
potential 1.3 or 1.6 fib extension to the downside with trend
Trend: Down
Trend Entry: With Trend
TP/SL Ratio Target: 1 to 1
Estimated PIPs: 15
Fib Entry: 61.8%
Fib TP: 76.4%
Stochastic: Overbought
Notes:
Entering within EMA/SMA zone
potential 1.3 or 1.6 fib extension to the downside with trend
Trade closed: stop reached
trend may be ending, same issue with NZDUSD crossing trend line
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.