EURUSD 15M short | Evening Star
ORDER OPENED OVERNIGHT
CLOSED BEFORE POSTING THIS
Candle Pattern: Evening star
Trend: down
Trend Entry: with
TP/SL Ratio Target: 2 to 1
Target TP PIPs: 40
SL PIPS: 20
Fib Entry: .764
Fib TP: .236
Stochastic: over-bought
MACD: turning bearing
200SMA: slightly above
BB: n/a
Pivot Point: R3
Elliot Wave:
wave 4 completion
possibly wave 4 completion area as its getting close to wave 1 low. Looking for a test to the wave 1 low then make a move to the downside to make wave 5
Notes:
Evening star formed around the .618 retracement. Looking for price to hit .764 before making its move to the downside
stochastic hitting over-bought zones without making new highs
macd is showing a bearsh move to the downside
What can go wrong:
wave 4 can go too high past my SL and get very close to wave 1 low
breaking wave 1 low would indicate a possible ABC to the upside instead
CLOSED BEFORE POSTING THIS
Candle Pattern: Evening star
Trend: down
Trend Entry: with
TP/SL Ratio Target: 2 to 1
Target TP PIPs: 40
SL PIPS: 20
Fib Entry: .764
Fib TP: .236
Stochastic: over-bought
MACD: turning bearing
200SMA: slightly above
BB: n/a
Pivot Point: R3
Elliot Wave:
wave 4 completion
possibly wave 4 completion area as its getting close to wave 1 low. Looking for a test to the wave 1 low then make a move to the downside to make wave 5
Notes:
Evening star formed around the .618 retracement. Looking for price to hit .764 before making its move to the downside
stochastic hitting over-bought zones without making new highs
macd is showing a bearsh move to the downside
What can go wrong:
wave 4 can go too high past my SL and get very close to wave 1 low
breaking wave 1 low would indicate a possible ABC to the upside instead
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.