Candle Pattern: Piercing Pattern
Trend: Down
Trend Entry: With Trend
TP/SL Ratio Target: 1 to 1
Estimated PIPs: 15
Fib Entry: 61.8%
Fib TP: 76.4%
Stochastic: Overbought
Notes:
Entering within EMA/SMA zone
potential 1.3 or 1.6 fib extension to the downside with trend