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NZDUSD 15M Long | Morning Star
New Zealand Dollar / U.S. Dollar
Long
NZDUSD 15M Long | Morning Star
By ironcondor
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Updated
Feb 22, 2018
0
Feb 22, 2018
Candle Pattern: Morning Star
Trend: Up
Trend Entry: With Trend
TP/SL Ratio Target: 1 to 1
Estimated PIPs: 9
Fib Entry: 50%
Fib TP: 61.8%
SMA EMA crossed to form and signal new uptrend
Entering at 50% fib level from upswing.
looking for conservative TP at 618 fib level
keep an eye out for 1.3 or 1.6 extension as could of have been profits considering its a new uptrend
Feb 22, 2018
Trade closed: stop reached
morning star didnt hold up
might look for re-entry closer to trend line or blue SMA
Chart Patterns
Fibonacci
Morning Star
Moving Averages
ironcondor
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