IS EMAAR GOING DOWN ? Emaar's stock is targeting the levels of 12.20 - 12.05, presenting a good buying opportunity for short-term traders with targets of 12.65 - 12.75. It’s important to adhere to the stop-loss level, which is indicated by a daily close below these levels. Although there’s still a risk of the stock dropping back to previous levels around 11, the current movement needs to be monitored to determine its future direction.
Dubai
My TOP10 project list - pick number 1/10 (new set up)Hello my friends,
This was my first top 10 crypto pick back in November 1st 2023 !
I personally entered this trade on 25th September 2022 (at 0.015 cents) but felt sufficiently confident to publish it only 1 year later.
It had a great run in April this year, it even touched 10 cents. However the best is yet to come.
TODAY it has reached the same price level as 9 months ago (white circle) !! God or bad ?
Now it is a great time to buy with a better risk reward level.
From the 10 cents level, it has crashed all the way back to 0.023 cents.
However the breakdown was recently confirmed as F A L S E breakdown (blue circle), similarly as it did in March 2024 before the run up.
This is an extreemely bullish price action !
I personally think that we could see the 0.3186 level this year (which would be a 10 x from here).
Not financial advice. It is just my personal view on the current set up.
NEW ATH 80K This chart represents a technical analysis of Bitcoin (BTC) against Tether (USDT), showing price movement data for 2024. Below is a breakdown of key elements that support the hypothesis of a new all-time high (ATH) for BTC reaching 80K:
Fibonacci Retracement Levels: The chart uses Fibonacci retracement levels based on a previous high and low. The key Fibonacci levels plotted are:
0.236 (~80,918 USDT)
0.382 (~75,471 USDT)
0.5 (~71,069 USDT)
0.618 (~66,666 USDT)
These levels indicate potential support and resistance zones. A significant breakout above the 0.236 level around 80,918 USDT would suggest a strong upward momentum, supporting the idea of BTC reaching an ATH.
Trendline Analysis: A red ascending trendline shows a previous strong upward price movement earlier in 2024. This trendline could serve as future support, helping BTC continue its upward trend towards new highs.
Channel Pattern: A channel is plotted on the chart, showing a consolidation phase between March and September 2024. The breakout from this channel has pushed BTC upward, which often indicates the possibility of higher price levels.
Moving Averages: The red and pink lines on the chart likely represent different moving averages (perhaps 50-day and 200-day moving averages). These lines are currently supporting the upward price movement, adding further confidence to the bullish outlook.
Price Targets: The chart indicates that BTC's price currently sits around 62K USDT, and the chart is projecting a bullish breakout toward 80K USDT. The Fibonacci 0.236 level (~80,918 USDT) aligns closely with this price target.
Volume Analysis: The volume bars at the bottom show varying levels of trading activity, but no sharp drop in volume, indicating steady buying pressure that could push prices higher.
In conclusion, this chart analysis shows BTC breaking key resistance levels and potentially heading towards a new ATH around 80,918 USDT (or 80K). The technical indicators suggest strong bullish momentum, with Fibonacci levels providing a path for higher prices.
DFMGI DUBAI IndexDFMGI Index Analysis: Key Dates and Potential Scenarios
The chart presents two primary scenarios for the DFMGI Index based on the projected key dates:
Potential Upside:
Green Arrow (April 7, 2025): This date could signal a potential bullish reversal or continuation of an upward trend. The index may find support and start gaining momentum towards higher levels. Investors might consider this date as a possible entry point for long positions if the market shows strength leading up to it.
Potential Downside:
Red Arrows (March 29, 2026): This date might mark a significant peak or resistance level, where the index could face selling pressure. The index may start to decline after this point, leading to a potential bearish phase. This could be a critical time to reassess positions and consider taking profits or hedging against downside risks.
Momentum Indicators:
Yellow Line: Reflects the shorter-term momentum, currently showing a cyclic pattern that may align with the projected dates. The upcoming peaks and troughs should be closely monitored as they approach these key dates.
Red Line: Suggests a longer-term momentum trend, which could be approaching a significant inflection point. The market may see more pronounced movements as these dates approach.
Strategic Considerations:
April 7, 2025: Look for signs of market strength leading up to this date, which could indicate a continuation of the bullish trend.
March 29, 2026: Be cautious as the market approaches this date, as it may signal a turning point or the beginning of a correction.
These dates are critical for making informed decisions based on the projected market sentiment and technical analysis.
DFMREI // DUBAI House Price IndexDFMREI Analysis: Potential Movements and Key Dates
The chart highlights a potential range of price movements for DFMREI, with significant levels indicated by the blue boxes. The projection suggests two possible scenarios:
Upside Potential:
The price could rise by approximately 9.2%, reaching around 13,887. This scenario aligns with the green vertical line dated August 23, 2024, which could mark a potential reversal or strong bullish momentum.
Downside Risk:
Conversely, there is a risk of a significant drop by about 17.57%, taking the price down to around 5,995. This aligns with the red vertical line dated December 13, 2024, indicating a possible period of bearish pressure.
Indicators:
The yellow and red lines at the bottom represent momentum indicators, which appear to suggest a weakening trend, potentially forecasting further downside before any significant recovery.
Strategic Considerations:
The green vertical line on August 23, 2024, could be a critical time for considering long positions if the market shows signs of support and reversal.
The red line on December 13, 2024, might indicate a time to be cautious, as the market could face further selling pressure.
These time frames are crucial for making informed decisions about potential entries and exits based on market sentiment and price action.
keep calm XAUGOOD MORNING everyone
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^GOLD ANALYSIS^
The weekly close makes me think of a continuation long until the 2300 level is decently invalidated; the breakout happened, but it's not enough for me. On the daily level, I would expect a SMT (play) below the lows where I marked the chicken, and then look for an upward movement from there. We have two zones to keep under control.
As you know, I only trade New York, so I don't trade until 14:00. Plus, we have news at 14:30. Monitor it, and we'll update live.
Let me know what you think in the comments! Thank you very much, everyone.
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The Petrodollar Agreement and the Future of OilThe term "petrodollar" refers to the value of oil bought with U.S. dollars. This concept was founded in 1974 when Saudi Arabia and the United States made an agreement to price Saudi oil exports exclusively in U.S. dollars. This arrangement had significant effects on the global economy and politics.
This system increased the global demand for U.S. dollars. Oil-exporting countries like Saudi Arabia committed to selling oil only in dollars, forcing other countries needing oil to acquire U.S. dollars for transactions. This continuous demand strengthened the value of the dollar in global markets.
This system also led to the widespread use of the dollar. Since oil is a strategic commodity used worldwide, the need for dollars to buy oil pushed countries to hold large reserves of dollars. This includes central banks and major companies that rely on importing oil to meet their needs.
Due to the increased demand and continuous use of the dollar, its value became stable. When there is a high and steady demand for a currency, its price fluctuations decrease, making it a stable and reliable currency for international trade. This stability enhanced the dollar's position as the world's main reserve currency.
Why Is the World Watching Now?
Recent geopolitical developments and changes in global alliances have sparked discussions about Saudi Arabia's role in the petrodollar system. Major economies like China and the European Union are emerging as key players in global oil markets, and there are serious and successful attempts to price oil in their currencies.
The BRICS aims to launch a new global economic system, and the idea of pricing oil in non-dollar currencies has been proposed. This idea is not just a theoretical study but is based on tangible real-world evidence. After the Russian war on Ukraine and the subsequent economic sanctions from the U.S. and the West, Russia announced it would sell its oil in rubles under certain conditions. In March 2023, a deal was made for Russia to sell oil to India, with payment in rubles. In the same month, Saudi Arabia announced its intention to consider exporting part of its oil to China in yuan.
The United Arab Emirates took the first step in this field by pricing gas in Chinese yuan. Last year, the Shanghai Stock Exchange announced the pricing of a shipment of Emirati gas in Chinese currency. The UAE did not immediately announce whether it would continue pricing part of its liquefied gas exports in yuan on the Shanghai Stock Exchange or if it was just testing the global market's reaction to this move.
Benefits for the UAE and China
For the UAE, the benefits include diversifying revenue sources and reducing reliance on the U.S. dollar. This move strengthens economic ties with China, the world's second-largest economy, opening up more opportunities for cooperation and joint investments. It also represents a strategic step towards achieving greater flexibility in international financial and trade dealings.
For China, this move enhances the yuan's position as an international currency, contributing to reducing reliance on the U.S. dollar in global trade. By pricing oil and gas in yuan, China can secure energy supplies with its local currency, reducing currency conversion costs and helping to enhance internal financial stability.
Impact on the Dollar
A crucial point is the global push towards renewable energy and the potential decrease in oil demand, which can significantly affect the dynamics of the petrodollar system. As the world seeks to shift to cleaner and more sustainable energy sources, the importance of oil—and thus the petrodollar—may diminish in the global economy.
Additionally, the changing political landscape, including shifts in U.S. foreign policies and Saudi Arabia's strengthening relations with other global powers, may lead to a reevaluation of the petrodollar arrangement. These political shifts might prompt Saudi Arabia and other countries to consider using alternative currencies in oil trade.
Vision for Diversification
Saudi Arabia and the United Arab Emirates aim to diversify their economies away from oil dependence to achieve long-term economic sustainability and reduce risks associated with global oil price fluctuations.
Saudi Arabia's "Vision 2030" aims to diversify income sources and develop new economic sectors such as tourism, entertainment, industry, technology, and education. This program aims to create new job opportunities, attract foreign investments, and achieve comprehensive and sustainable economic growth.
The UAE focuses on developing sectors such as tourism, aviation, trade, finance, technology, real estate, education, and renewable energy. Through this vision, the UAE seeks to strengthen its position as a global hub in various fields, which it has largely succeeded in so far, and reduce its reliance on oil as a main part of its economy.
In summary, the world is closely watching Saudi Arabia and its allies because any changes in their approach to oil trade and currency preferences can have widespread effects on global financial markets, the strength of the U.S. dollar, and international economic relations.
ENTRY SIGNAL: BUY EURJPY Conditions:
1. Break and closure above current 30 mins high (169.227)
2. Price remains inside 169.291-169.064 range (fakeout to the bearish side would be a deal sweetener)
ENTRY above 169.227
SL 168.975
TP 170.495
Warning:
1. trading derivative could result to loss of your capital, kindly apply caution and use only the money you can afford to lose.
2. Previous performance is not a guarantee that my signals will profit you. Accept and implement this idea at your own risk.
3. You are advised to apply proper risk management while trading derivatives...!!!
BR,
Kings
Learn how to trade. See my signature below or visit my profile for more details
BTC - Roadmap to 80k 🗺Hello TradingView Family / Fellow Traders,
For those who know me, it's clear I always like studying previous price action.
"Know yourself, know your enemy. Many battles, many victories."
~ Sun Tzu
I find the Bitcoin Daily Chart interesting.
If we compare this impulse movement to the previous two, we can see that after 58 days, the correction starts, and it actually did as per my last BTC cycles analysis.
What's next?
As long as the $60,000 support holds, we are now expecting the start of the next impulse movement.
According to the previous bullish impulse, we expect this upcoming impulse to reach the $80,000 mark.
What do you think?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
XAUUSD GOLDPair : XAUUSD ( Gold / U.S Dollar )
Description :
Completed " 12345 " Impulsive Waves at Demand Zone or Fibonacci Level - 61.80%. Bearish Channel as an Corrective Pattern in Short Time Frame and Rejection from Lower Trend Line. It has completed the Break of Structure and making its Retracement
FTM Fantom: $2.0 | Waypoint to $10 & $35 an Organic MoonHad this at $0.05 cents and sold it at $0.08 cents
similar to Solana i sold at $7.0
a costly lesson and reminder that the heavier the position and conviction when the Handler decides to
shake you down... the FEAR is as sensational as the GREED
Good Luck to DUBAi and Beyond folks
and congratulations in advance
Emaar: Buy Dubai Real Estate in Liquid FormEmaar
From Covid Low of mar 2020, it returned 4x in 3.5 years, more than the best real estate deal one could get.
And was liquid all the way.....okay liquid 5 days a week !!
At AED 6.3, its available due to the war like situation in Gaza. Load up at the current levels , the best high beta and liquid way to get exposure to Dubai Real Estate.
Still TryingDFM is been slow lately, I was expecting DFM would be the best performer because the market got many IPOs and DFM will directly benefit from it. But to my surprise it still below 2.0 I guess its under performing. This stock should de above 5 after so many new listings in the market, also the turnover & volume of the market have significantly increased which is positive for DFM.
Hit Like & follow guys ;)
ESM 2023 LONG + ANALYSISFor ES :
we have OB in weekly TF (4189.50) so we want to see it like a support, and we have relative equal highs in (4247.75) we want to see it a target for the week
In the daily TF we have a balance price range (BPR) from (4186.50-4175.75) , and we've drop to 50% of the daily range (4178.25) .
note: weekly and daily we have a bullish bias
In the H4 market has dropped to BISI (4181.75-4162.75) , and also in H1 has dropped to FVG (4182.00-4173.75).
note: H4, H1, also bullish.
Now my first target is 50% of the range 4208.00 then:
4214.25
4218.50
4232.00
All time High!!It was going so strong, but last week due to the IPO that was announced (ADNOC L& S ) people started to liquidate their positions to grab this IPO most of the positive stocks also suffered along with it. Anyhow its still looking positive to me it will rebound at support zones.
Hit like & follow guys ;)
Gold buys till 20000Hey guys it been a while on here ,I miss posting daily analyses , but we back and currently we looking at gold for the past two weeks price been on a downtrend and so the trend id over and buyers are taking the new lead , i will be looking to buy gold till 20k,we could see gold
reach this point
1956.3 if gold
breaks through
1900..