USDJPY 1HR Short | Evening Star Pattern
Updated
Candle Pattern: Evening Star
Trend: Down
Trend Entry: With Trend
TP/SL Ratio Target: 1 to 1
Estimated PIPs: 20
Fib Entry: 61.8%
Fib TP: 61.8%
Stochastic: overbought
Inside EMA/SMA zone: yes
BB: above midpoint
Notes:
evening star formed inside EMA/SMA zone within the start of a new down trend
entering a little early before the 3rd candle close, hopefully it works itself out
Trend: Down
Trend Entry: With Trend
TP/SL Ratio Target: 1 to 1
Estimated PIPs: 20
Fib Entry: 61.8%
Fib TP: 61.8%
Stochastic: overbought
Inside EMA/SMA zone: yes
BB: above midpoint
Notes:
evening star formed inside EMA/SMA zone within the start of a new down trend
entering a little early before the 3rd candle close, hopefully it works itself out
Trade closed: stop reached
nope didnt work itself out.lesson learned, dont enter before candle closing formation
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