Trade Setup: EUR/TRY – 7 Oct 2016

6 Oct 2016
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7-oct-2016-eurtry

Candle Stick Pattern: Evening Star at (1).
Confirmation:

  • Touched outer band of Bollinger Band at (1).
  • Stochastic overbought range at (2).

Signal: SELL
Entry Point: 3.3965
SL: 3.4428 (Highest high of 3 bars of the evening star pattern)
TP: 3.3338 (Recent support level at (3))

[UPDATE 1 – 14 Oct, 2016]

7-oct-2016-eurtry-cont

Trade closed in Break-even.

 

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