FX:GBPJPY
Overall structure based o the weekly, daily, 4h and 1 h is bullish, so I am strictly looking for buys on GBPJPY. Price broke above 186.218 4H resistance area and made a retest as support, entry was based on a morning star candlestick pattern on the 15 min timeframe
Komodo bounced back on 50MA support printed two morning stars in a row, seems to be ready for another leg-up.
⚡️⚡️ #KMD/BTC ⚡️⚡️
Exchanges: Binance
Signal Type: Regular (Long)
Amount: 6.2%
Current Price:
0.00000835
Entry Targets:
1) 0.00000831
Take-Profit Targets:
1) 0.00001097
Stop Targets:
1) 0.00000698
Published By: @Zblaba
ASX:KMD BINANCE:KMDBTC ...
FOR was in a strong trend from June (pt A) till its peak on 7 Aug (pt B). It then went into 50% fib retracement over the next 2 months, hitting a possible final low on 6 Oct. A couple of bullish divergences between its price and RSI were also seen just prior to hitting this low.
What followed next was a bullish morning star pattern. Went long @ 26.35 on 10...
Hi Traders!
We have a morning star opportunity here on the EURUSD 1D chart. After the impulsive wave to the downside, the market has now found support around the 1.08336 level, and a morning star candle pattern has formed, confirming to us a potential pullback or reversal of the bearish trend.
We are now looking for a retracement wave upward; we have our first...
As we can see after a 4-month breakout with a bullish candlestick pattern
RSI 64.26 towards an upward direction
HV 26
let's retrace as per shown on the chart whereas, on 15 min chart, you'll see a shooting star and an evening star which indicates slide retracement
so plan accordingly.
enty and exit levels
2080
sl 2020 to 2000 (2.80%)
taget 2230 (8%)
RR...
King W. Harbmayg's Journal Entry #30
Lesser Position: 1:5 R
Scheme 1— Bias via 1D
a. prior day printed long candle,
b. and so my bias is long
Scheme 2— Trade Setup via 15M
a. price is not in discount range,
b. demand zone is triggered
Scheme 3— Execute via 1M
a. market structure favors bias,
b. execute during entry window,
c. stop at the low of structure
King W. Harbmayg's Journal Entry #29
Lesser Position
1. Pair & Position:
USDJPY— 1:5 RR
Long—
according to the Harbmayg Schematic, the market has successfully:
a. aligned with the daily template,
b. liquidated the lows,
c. printed morning star pattern
2. Performance: (1 out of 5)
Confidence— 5
Discipline— 5
Execution— 5
ZS gapped and broke above a neckline "zone" (142 - 145) on 2nd June, eventually hitting a high of 162.67 before retracing all the way back to the neckline. The stock is still in the early stage of an uptrend as it is now trading above it's 200 day moving average (with a golden cross that happened last Thur).
"Breakup and retest of a neckline" often provides a...
PIDILITE Industries' daily chart shows a Morning Star candlestick pattern, finding support at the 50 EMA and the Fibonacci 61.8% level. The 14-period stochastic oscillator indicates an oversold condition and recent reversal, confirming a potential uptrend ahead. Bullish signals suggest positive price movement.
Buy at Market, Target at 2700, Stop Loss at 2550
NSE:ALKEM
Stock is consolidating between 3350 to 3450 approximately a month. Price 3350 is holding as good support.
Currently we can see there is a morning star pattern(Bullish Pattern) at support which is a sign of strength. We can go long at these levels and keep SL below swing. The stock should not open gap down on 28th June.
Following to this check 1hr...
The daily closed bullish but with some buy exhaustion which led me to believe that there still some bullish momentum but not much. The 1H made a clear higher high and decided to hold at its lows but created some bullish reversal signals on top of support. The moving avergae plays as support as well. Upon the breach of a 30min correction trendline. I believe price...
King W. Harbmayg's Journal Entry #26
Primary Position
1. Pair & Position:
GBPUSD— 1:30 RR
Long—
according to the Harbmayg Schematic, the market has successfully:
a. presented the weekly template
b. triggered the interest zone
c. printed rejection structure
2. Performance: (1 out of 5)
Confidence— 5
Discipline— 5
Execution— 5
In this Knowledge Nugget, I have explained logic behind my own trade in "IZMO" which rallied 50% + from its swing low in just days. I am found of entering such stocks for one round of buying at support level with my own set up logic.
This is for educational purpose & please do not copy this trade without understanding risk & position sizing.
Assalamualikum Everyone i hope all is well
there is some valid point for taking short trade on MTLUSDT crypto currency
* market create and Morning star candlestick pattern
** market on there resistance area 4 hour time frame
******************GUD LUCK************************
King W. Harbmayg's Journal Entry #9
Secondary— “Trinity Approach”
1. Thesis: Long Short
2. Performance: (1 out of 5)
Confidence— 5
Discipline— 4
Communication— 5
NSE: OIL is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the trendline support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed...
I have identified my morning star pattern upon previous demand. This is an interday trade and as such I expect to have to monitor the position for a day to a few days for it to achieve its maturity.
