Bullish ReversalMorning Star in the 2 hour chart lines up with the daily chart uptrend. Daily is still in Bollinger band squeeze so this could be the breakout for the bulls.
Morning Star
GBPAUD LONGGBPAUD LONG
Overall TP - 120 Pips
I have highlighted three areas on interest where either bullish engulfing candle was formed or morning star doji candle.
Price is currently entering low consolidation.
I believe we will soon see some bullish movement.
Pounds Gonna FLY!What's up Traders!
Without further due, lets take a look at this pair. As you can see the major trend line is bullish but still at support area. It is good to know that the support area is the fresh area of supply and demand zone (Drop Base Rally). For the chart pattern, it might be performing Double Bottom as reversal pattern but we need to wait for 2 days candle close for bullish confirmation. If the 2 days candlestick formed bullish reversal pattern (eg. Morning Star), then we can go long until 1st TP and 2nd TP. However, we can chip in long in SND ZONE with tight stop loss.
DISCLAIMER: This analysis is based on my perspective. Follow at your own risk.
BTCUSD Monthly Closed With A Bullich Morning StarBitcoin as you can see here on the monthly closed with a bullish morning star, typically when the market creates this types of formations, the market is simply telling us, guys i'm about to go bullish GET READY, sure the market can do whatever it wants to do, that's why we need to have good money management in place, but based on what we see here, the market is showing us a high chance that Bitcoin is about to take off.
if you have any questions please feel free to comment or contact me.
this is not a advice telling you what to do, rather this is just me sharing my analysis the way I review the market, do your own research get comfortable before you make any decision,
EURUSD 30M LONG TRADEWHY I TOOK THIS LONG TRADE
1. Divergence between Price and MACD Histogram
2. MACD holding at STOCHASTIC 20 level
3. Price retraced to 38.2% Fib then made new low
4. Price held the -23.6% Fib
5. Price held previous support level
6. Morning Star reversal candle pattern
7. Entry next candle open after #6 pattern
8. SL below swing low
UBER Technologies -undervalued Technical analysis
DI+ > DI- cross was made on December 16 . Since then, we have stayed above the 50sma.
Since the IPO lock-up (November 6th), OBV has trended upwards on higher highs; RSI is following as well.
Fundamental analysis by MorningStar Analysts
On Dec. 24 Uber announced: Travis Kalanick, Uber's co-founder, will no longer be on the board of the company at the start of 2020.
Kalanick has sold nearly 95% of his holdings in Uber since the firm’s IPO lockup expired on Nov. 6. In comparison, Uber’s other co-founder, Garrett Camp, has sold only around 12% of his Uber stock.
Kalanick being pushed out could benefit the stock in two ways :
1. Without the presence of Kalanick on the firm’s board, Uber’s reputation could improve a bit more quickly as Kalanick’s missteps, which included ignoring the company’s culture of sexual misconduct and not addressing accusations of internal racial discrimination, tainted the firm’s name and may have helped Lyft gain market share.
2. Kalanick’s continued sale of his holdings likely pressured the stock since Nov. 6. From then through today, we estimate that Kalanick’s trades on average represented around 7% of the stock’s average daily trading volume. Without such pressure, the stock could trade higher toward the firm’s $45 IPO price and possibly our $58 fair value estimate. Of course, the stock’s performance will be based mainly on the firm’s progress toward GAAP profitability, which we have projected will be in 2024.
#Bitcoin Weekly Falling Wedge with Good Morningstar candle closeWAIT FOR THE WEEKLY CANDLE CLOSE BEFORE ENTERING IN THIS TRADE.
The plan is simple if we close with the Green Morning star Doji candle just like we have right now I will get back into BTC, ladder my entries till 6500 just in case & forget about this position for a month or so
This is the same setup we had for #TRXZ19
If all goes well it will be one of the best trade to start the New Year.
ALSO KEEP AN EYE ON THIS WHITE BOX, REALLY IMPORTANT!!!!
#DYOR
remember I am not a financial advisor & this are all just my thoughts :)
Doji morning star on 4hDoji morning star is building up on 4 hour chart. Lets wait for this candle to finish and confirm that signal.
BITCOIN/ALTS MAJOR RETRACE INC!!!!!! MORNING STARGood fucking morning ladies and gentlement, I am taking a position in Btc right fucking now. Currently at support with 4 hour bullish divergence with a morning star candlestick pattern. Dear lord. Alts will probably go with it. I'll be taking positions in some alts possibly. But my main focus is btc right now.
Entry: 6820-Now
Exit .382-.618 (Pink Range)
Stop under the previous candle low.
Join our Free Telegram Channel: t.me
We are a new community growing day by day in hopes to accomplish a trading premium group by December 1st of 2019.
Subscription prices are $99 a month, $499 for 6 months and $999 for a year. We give the best possible technical analysis with a touch of art work to it hence the name "ChArtWorks" ;). "We remove the hard work from your end and just give you the trade set ups along with education." Don't let the prices scare you, we give TA free too! But the most benefits are in the Elite Channel.
50% off all Contracts for Military Veterans and Active Duty Service Members, just provide your DD214 or Military ID for proof of Status. Discharge Type is completely confidential and does not need to be shared. I am a Marine Vet myself and I will not share any information regarding Military status with anyone else.
Feeling generous and wanting to show us love and support? Donation addresses are listed below
$Usdc: 0xe3b95b4575d6456D090ac24Ad4DC8D46C9c97b2C
$Bitcoin: 3Jg9ng234aJdgz3zzt3iCyeb124eAmKs5N
$Ethereum: 0xd251Cc3b78e92191B5dEC4E0D2f2acDCa5B33599
$Litecoin: MRHupJeTegPM2a8AJewC3B1oqq7Mpjr1MK
$Xrp: rw2ciyaNshpHe7bCHo4bRWq6pqqynnWKQg
Tag: 2183371567
$Bat: 0x9b95E0Bd4556dbb0b407B32f43B923607b896F48
$ChainLink: 0x559d92B08D72Fe20B0aF063ebE59ead6612c2b00
$Dash: Xq5kCnMknHrknC2ipw1JGuRcdbDtbTSqWU
$Beam: 553e2b176e611674559f92b8fa10f5d129bd80acd14fb5f8d6e387ab4f0b281144
$XMR: 4DSQMNzzq46N1z2pZWAVdeA6JvUL9TCB2bnBiA3ZzoqEdYJnMydt5akCa3vtmapeDsbVKGPFdNkzqTcJS8M8oyK7WGj2kh3ajCzSUSAQTr
UBER - Don't buy the dip, yet...Analyst earnings review
UBER had third-quarter earning results above the top- and bottom-line S&P Capital IQ consensus expectations.
However, we still expect losses in Uber Eats, along with more aggressive investments in ATG, to delay Uber’s first full-year adjusted EBITDA until 2022.
Analyst target: $58
Uber's IPO lock-up period over!!
Tomorrow November 6th, 2019 . Investors who got in at the IPO, can now start selling their shares.
We could see a potential drop, as it has happened with other IPO's so far.
Aussie bright future ahead against greenbackI will post a visual link here later after I complete uploading the video in my channel which will be an in-depth analysis of why AUDUSD major pair will have a high probability of long bias throughout the week. Till then please give me some time and have an eye on this chart. Will comment here the link soon stay tune ;)
Gold H4 ConsolidationMorning star spotted on Gold as it failed to break the resistance at the top. May be back in consolidation phase.
EURUSD Forecast this Week Possible correction this week. RSI oversold, and the chart pattern confirm the forecast.
SL 1.0930
Davita - now a BULL trend Technicals analysis WEEKLY
Davita broke a downtrend channel, and is now in a consolidation above the 200SMA. (Bull)
50SMA is now crossing above the 200SMA. (Bull)
OBV and RSI show divergence, as they have moved in oposite directions since early August. (Short). However... on a daily chart , we see a decent uptrend since early June.
Headlines / Fundamental
On July 10th:
President Donald Trump on Wednesday signed an executive order reimbursing for kidney transplants and reducing the reliance on the costly treatments at dialysis clinics.
Analyst fair value target price is $79. Meaning 38% undervalued .
GBPYJPY long/ morning stargbpjpy has formed a morning star which indicates a potential reverse to the upside. MACD also shows that sellers are losing their selling power. In my opinion, now is the perfect time to go long in this market.
USD/JPY Buy after a Morning Star. Long-term!The morning star pattern is considered as a bullish reversal pattern, it
often occurs at the bottom of a downtrend and it consists of three
candlesticks:
-The first candlestick is bearish which indicates that sellers are still in
charge of the market.
-The second candle is a small one which represents that sellers are in
control, but they don’t push the market much lower and this candle
can be bullish or bearish.
-The third candle is a bullish candlestick that gapped up on the open
and closed above the midpoint of the body of the first day, this
candlestick holds a significant trend reversal signal.
BMRN ridiculous Morningstar analyst target price! Morningstar weekly highlights set Biomarin Pharmaceuticals with an amazing $119 fair price value ( 50% above current price).
Rating: 4 stars
Uncertainty rating: Medium
Moat: Narrow
AUDCAD WEEKLY, Long After a morning star pattern.The morning star pattern is considered as a bullish reversal pattern, it
often occurs at the bottom of a downtrend and it consists of three
candlesticks:
-The first candlestick is bearish which indicates that sellers are still in
charge of the market.
-The second candle is a small one which represents that sellers are in
control, but they don’t push the market much lower and this candle
can be bullish or bearish.
-The third candle is a bullish candlestick that gapped up on the open
and closed above the midpoint of the body of the first day, this
candlestick holds a significant trend reversal signal.
