Fibonacci Retracement: - Retracement off 38.2 Structure to the left Candle Stick patterns: - Evening Star on daily, engulfing Moving Averages Cross over Stop Loss: Wick wouldve stopped me out Take Profit: All of my take profit was hit usign my risk management. Original TP hit, and Extreme TP hit
Structure to the left; support became resistance Moving Averages Cross over Fibonacci Retracement: - Reversal above 61.8 Stop Loss: Looks like News casued the bullish wick, wouldve hit my Stop Loss Take Profit: TP 2 times more than Stop loss, was hit - Extreme Tp was hit, came past the clone leg
Fibonacci Retracement: - Reversal began at 50% Candle Stick patterns: - Evening Star on 15M - Railroad tracks on 1H Moving Averages Cross over Stop Loss/Take Profit: Take profit 2 times more than Stop loss. Came right to my area then retraced. - will watch to see if it will come back down to the clone leg area
Retracement occurred in the middle of prices 61.8 and 78.6 There is structure to the Left Cross over on moving averages Candle stick reversal patterns: 15min - inverted hammer and spinning tops 30 min - morning star pattern Original TP is near 1.34326 price/ 100 % level Due to my personal Risk to Reward Ratio: Stop Loss is set at price 1.33721, 50% of my first...
1. I marked up my chart where all of my points are. 2. I drew my Retracement from Swing High (A) the Initial Structure High/Point down to Swing low (B) my Initial Structure Low. As a result I seen my Original Retracement point came to the 38.2 level. 3. I looked to the past/left of the chart and seen structure in the market. 4. There is candle stick reversal by...