the price has responded to this line many times, and now the price action is showing a morning star, it's not perfect but i believe it works! and the next wave will raise to the 78% fiboR.
$DXR Looking like a good Long due to the breakout and it could continue past previous highs if so then long it. but wait until the pattern shows it self.
Possible long if the candle opens above the previous high!
Nice opportunity to profit from EDGE. Price has rejected the lower trendline boundary creating a nice morning star signal. Now we are in a strong downtrend still so we do want to proceed with some caution. Therefore I recommend taking profits at the 38% fib retracement level as this could very well be a turning point. That's still a nice 17% profit!...
Good morning all! A stunning trade setup on Etherium if you get in quick. Price has very clearly found support at 178 and has created a pinbar/morning star signal. This is a very bullish chart price action. Target : 249 (20%) Good luck!
On the 1H timeframe on EURUSD you can see that there is a morning star formation, indicating there will be bullish movement coming soon. Place your stop losses 10 or 15 pips below the shadow of the the middle candle.
The pair is at the lower borders of 2 important channels, the price action of last 3 weeks speaks for itself, first target RR 2,5 to 1.
A Morning Star Pattern typically indicates a trend reversal from bearish to bullish Investopedia: Morning Star
Looks like it also has potential to reach resistance again! Once i hit my target I will trail. All from a previous morning star pattern!
The price has failed to move above the previous high and has now moved back down, the price has managed to just about break the channel and move below the support level. A morning star has appeared just outside the channel, this may be a signal that the price is going to move back into the channel and this breakout will fade, if the price bounces at this point...
Currently I'm in July $33 and August $32 calls just waiting patiently through the whipsaw. But technically speaking it looks like DBX needs to clear the 33.23 area in order to really gain some momentum to the upside. The candle on July 11, 2018 could quite possibly be a morning star reversal if DBX can break out of its triangle. Line in the sand is obviously...
Chart annotated w/ analysis on the OANDA:EURUSD Note: Take not of current accumulation range for signs of re-distribution to continue current downtrend.
Buy if close price at D1 Chart higher or equal 1.3535. Morning Star pattern Strong Support line.
Like i said in the morning - if we want to be bullish again we need a breakthrough right away from this area with another strong candle - we did it, almost! Pushed through with a sloppy "Morning Star" candlestick pattern and are heading to test "FLAG" bottom trendline! If today closes around $8400 then BTC forms in daily candle "Hammer" candlestick pattern (which...
Here is pretty good trade opportunity! We bounced from $9000 and there was a lot of criteria to meet: 1. 4h Chart Morning Star Candlestick Pattern (Wait candle close confirmation) 2. Resistance Becomes Support 3. Round number $9000 4. Trendline bounce Trade cautiously! Best regards!
Long ApolloTyre above 296. SL: 282 Target:310 R:R ratio: 1:1
Not much to say, volume picked up, morning star pattern formed. If volume continues might rise to the previous FIB lines