Hi Everyone! 😃 Nothing to add here, it's all in the chart 😉📈 Thanks for stopping by, I hope you enjoyed my post, and if you did, please drop a like or comment, it helps to improve and puts a smile on my face! 😃🙏 Happy Trading ✌❤📈
Bitcoin - Intraday - We look to Buy at 40604 (stop at 39888) With signals for sentiment at oversold extremes, the dip could not be extended. 41517 has been pivotal. Offers ample risk/reward to buy at the market. Bullish divergence is expected to support prices. We continue to expect further losses to be limited and look to set longs for a further drive higher...
Morning star pattern have formed on 50 SMA, working as support. Rising 50 SMA and trendline breakout are also signs of bullishness. Go long on propper confirmation.
MRK had some good news this morning. Also from a technicals, resting on a major support line along with forming a bullish morning star pattern near the bottom of its trading range.
TopGlove.. Not every candlestick pattern "counts" Depend on where/when it was "found"...Is is a "valid" counts?. A "doji"? A "Pin Bar" A "Good" Morning Star? on not 1 minute but monthly chart..?..( Wait,, Not yet), wait until it closed monthly bar after 30/Nov/21
Morning star pattern is formed in coal india. Also taking support on rising 50 SMA shows bullish signs.
its gives breakout and now came for retest there is 20 ema support and it foam a morning star candle which indicate bullish trend
The analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock...
The Australian Dollar could be readying for its next leg higher against the New Zealand Dollar following losses since early October. AUD/NZD recently confirmed a bullish Morning Star candlestick pattern, opening the door to extending gains. But, prices still need to overcome the near-term 20- and 50-Day Simple Moving Averages. Clearing them exposes the 23.6%...
1)On Charts : Charts consist of 3-Dimensions - The X-factor ( Time or Cycle ), The Y- factor ( Price Geometry ), AND The Z-factor ( The Speed ).. 2)On Elliot Wave / Market Structure : Unlike Textbook written rule : ALL Impulsive wave comprise of ONLY a-b-c sub-waves NOT 1,2,3,4,5 waves.. AND there is NO Truncated 5th wave BUT ONLY wrong wave counts...
NASDAQ:AAPL failed to go down 3 times and now has formed a morning star with MACD crossing up.
Although AMC experience strong movement today and yesterday. It is possible for AMC to retest the $38 tomorrow. What I like to see is can $AMC retest $44 tomorrow and close it there? If so the weekly chart suggest a bullish breakaway. If not I will readjust. My conviction is that at first AMC was showing bearish divergence in the last 2 hours but the 1 min chart...
Morning star has formed above support Price closed above MA20
GBPUSD taking support from a Fib level, a big rejection of downward move on a Horizontal TL, and a potential morning start formation on 4HR. Looks ready to test the downward trendline. A break above would even make the move stronger. A Good R:R scenario for short term and to trail if cross the Vertical TL.
The last hour was rather exciting. While I managed to close all my trades in profit, the last hour has shown a completed pattern of a morning star doji on the 1-hour timeframe. This indicates a trend reversal, meaning that bullish price action is to follow starting Monday. The next target is 1756, 1780, 1802.
While it is too early to call as we still have one more candle to go, it still looks like the market is currently in a bit of a mix-up. More accurately, it is acting indecisively. Let's wait for the next one to form, and if it is a bullish candle, it's a clear sign to go long, at least for a bit of extra profit. However, if the next candle isn't bullish, the...
On the 15 minutes timeframe, XAUUS is showing a strengthening Morning Star Doji pattern. The first two candles are aligned perfectly, and the third one is also in the process. At :45, if the candle remains bullish, expect a short bullish burst, good enough to cash in some extra profits.
On the 2 Hour timeframe, another pattern is in the making. If it so happens to be a morning star doji (one bearish candle, followed by one where the market is undecisive, and ending with a bullish candle), we will see a market reversal and Gold will enter into a bullish upward trend on the 2 hour timeframe. I have highlighted the pattern for you. Please allow...