USDJPY 15M long | Morning Star
ORDER OPENED OVERNIGHT ENTRY
Candle Pattern: Evening star
Trend: up
Trend Entry: with
TP/SL Ratio Target: 2 to 1
Target TP PIPs: 40
SL PIPS: 20
Fib Entry: .236
Fib TP: 1+
Stochastic: over-sold
MACD: trending up
200SMA: above
BB: n/a
Pivot Point: pivot
Elliot Wave:
Wave C correction possibly completed
Start of wave 3 to the upside
Notes:
series of morning stars formed along the 200sma. Entry placed at tip of morning star where SL extends beyond 200sma
stochastic showing bullish strength
macd just went positive to bullish strength
What can go wrong:
wave C could make a new low
Candle Pattern: Evening star
Trend: up
Trend Entry: with
TP/SL Ratio Target: 2 to 1
Target TP PIPs: 40
SL PIPS: 20
Fib Entry: .236
Fib TP: 1+
Stochastic: over-sold
MACD: trending up
200SMA: above
BB: n/a
Pivot Point: pivot
Elliot Wave:
Wave C correction possibly completed
Start of wave 3 to the upside
Notes:
series of morning stars formed along the 200sma. Entry placed at tip of morning star where SL extends beyond 200sma
stochastic showing bullish strength
macd just went positive to bullish strength
What can go wrong:
wave C could make a new low
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