Idaman - Morning Star

At the request of ty2ls & T5 (my readers) I am posting Idaman's chart & analysis.

It has indeed formed a morning star candlestick pattern today, which is generally bullish & confirms the end of the correction. The 3 candle pattern (circled in red) started with the long black candle on 14 July, the short white candle (17 July) that is below the black candle & finally the strong, bullish white candle on 18 July which opened above the 2nd small white candle & closed right above the first black candle.

I have also posted the 1 year charts for targets. The next target is 0.28 (very strong resistance) and beyond that 0.34. Anyone buying this for short trades should cut loss at 0.23 the opening price of the long white candle.

Good spot ty2ls, good analysis T5 ... 8))