Candle Pattern: engulfing
Trend: up
Trend Entry: with
TP/SL Ratio Target: 1 to 1
Target TP PIPs: 16
SL PIPS: 16
Fib Entry: 1
Fib TP: 2
Stochastic: overbought
Inside EMA/SMA zone: no
BB: top band
Notes:
breaish engulfing to break the recent high, looking for a push to a new high
using stochastic overbought indication as indicator price will push even higher before rolling overbought