USDCAD 15M Short | Evening Star Pattern
Updated
Candle Pattern: Evening star
Trend: Up
Trend Entry: Against
TP/SL Ratio Target: 1 to 1
Target TP PIPs: 20
SL PIPS: 20
Fib Entry: .236<
Fib TP: .382
Stochastic: overbought
Inside EMA/SMA zone: no
BB: top
Pivot Point: R5
Notes:
Evening star and showing lots of resistance at the R5 Pivot point.
Price is at an extreme for the day.
Looking for a small pullback of 20 pips
Stochastic showing overbought, crossover and drop below 80 as confirmation
Trend: Up
Trend Entry: Against
TP/SL Ratio Target: 1 to 1
Target TP PIPs: 20
SL PIPS: 20
Fib Entry: .236<
Fib TP: .382
Stochastic: overbought
Inside EMA/SMA zone: no
BB: top
Pivot Point: R5
Notes:
Evening star and showing lots of resistance at the R5 Pivot point.
Price is at an extreme for the day.
Looking for a small pullback of 20 pips
Stochastic showing overbought, crossover and drop below 80 as confirmation
Note
SL reached, not enough of a pullback after allstochastic only made it half way
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