Trade Setup: USD/NOK – 6 Oct 2016

Trade Setup: USD/NOK – 6 Oct 2016

Candle Stick Pattern: Variation of Morning Star at (1).
Confirmation:

Touched outer band of Bollinger Band at (1).
Stochastic oversold range at (3).
High volume at last 2 bar at (4) also confirming the direction.

Signal: BUY
Entry Point: 8.0223
SL: 7.9621 (Lowest low of morning star bars)
TP:…
#BollingerBand, #CandleStickPattern, #MorningStar, #Stochastic, #SupportResistance, #USDNOK, #Volume
#ForexAdvices, #ForexTradeSetups

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Trade Setup: AUD/JPY – 19 Sep 2016

Trade Setup: AUD/JPY – 19 Sep 2016

Candle Stick Pattern: Morning Star at (2) & Bullish Engulfing at (1)
Confirmation:

Stochastic oversold range.
Retesting previous resistance at (4)

Signal: BUY
Entry Point: 76.82
SL: 75.94 (88 pips) (Nearest support level at (1) & (4))
TP: 78.71 (189 pips) (Nearest resistance level at (…
#AUDJPY, #BullishEngulfing, #CandleStickPattern, #MorningStar, #Stochastic, #SupportResistance
#TradeSetups

Trade Setup: AUD/USD – 15 Sep 2016

Trade Setup: AUD/USD – 15 Sep 2016

Candle Stick Pattern: Morning Star at (1)
Confirmation:

Touched outer band of Bollinger Band at (1).
Stochastic oversold range at (2).
Retesting previous resistance at (3)

Signal: BUY
Entry Point: 1.5365
SL: 1.5499 (134 pips) (Nearest support level at (1) & (3))
TP: 1.5110 (255 pips)…
#BollingerBand, #CandleStickPattern, #MorningStar, #Stochastic, #Volume
#TradeSetups

Trade Setup: EUR/NOK – 8 Sep 2016

Trade Setup: EUR/NOK – 8 Sep 2016

Candle Stick Pattern: Morning Star at (1)
Confirmation:

Stochastic overbought range at (3).
Touching outer band of Bollinger Band at (1).
Retesting the support of (2) at (1).

Signal: BUY
Entry Point: 9.2265
SL: 9.1665
TP: 9.3532

#BollingerBand, #CandleStickPattern, #MorningStar, #Stochastic
#TradeSetups

Trade Setup: EUR/GBP – 7 Sep 2016

http://www.myfxguide.com/trade-setup-eurgbp-7-sep-2016/

Candle Stick Pattern: Morning Star at (1)
Confirmation:

Stochastic overbought range at (3).
Touching outer band of Bollinger Band at (1).
Retesting the support of (2) at (1).

Signal: BUY
Entry Point: 0.8428
SL: 0.8330 (98 pips)
TP: 0.8624 (196 pips)

Spinning top at (1) and testing resistance …
#BollingerBand, #CandleStickPattern, #MorningStar, #Stochastic
#TradeSetups