BULL TK cross & Kumo Twist 13:45 on Thursday, Bullish signals were present.
Sugar is supertrending, taking into consideration stability of USD EGPp rate.
uptrending Green Kumo formation on 5 timeframe, TK Cross 13:50 ... FVG is on the corner.
Positive uptrend, Purchase point 81.5-82, target 83.9 EGP
The key success factor for this idea is the maintaining USD EGP parallel market rate above 65EGP
Chikou span facing downwardTechnical Analysis for intraday 5/2/24
Correction & Plateau; KUMo formation is very thin.
conservative outlook with 2% gain.
volume 5M below average 8M
Overall COMI is still uptrending, and trading above trend mid point.
INEG high probability tradeIts in a buying area around 0.190s/0.200
high probability for an impulsive move
TAQA is preparing for a movemake your own decision.
widen your risk as it has volatility and get fearful at 19 but leave runners.
ZMID wants to breakout !!?- probably still has a daily 5% ceiling.
- It may consolidate in the channel.
-Good entry is probably around 7.40-7.80
- Make your own decision, size accordingly and manage risk.
CERA EGX Egypt, at accumulation stage to target 1.4 in 18 weeksStock CERA EGX Egypt,
On the weekly chart, it is going through slow accumulation,
It is expected to leave this level soon, targeting 1.4, in uptrend movement for 16 - 20 weeks.
The high probability for more Egyptian pound devaluation will push prices up.
Beltone BTFH in a rising Channel; Awaiting breakout confirmation30-min chart, the stock is trading in a rising channel, testing the lower line, and may do a false break down to the SL level.
After rebounding, the target will be 4.38
Stop loss below SL line.
ATLAS (AIFI) should target 0.875 after stabilizing above 0.545Weekly chart, the stock is trading in the rising channel, and should cross the Pennant pattern Resistance at around 0.543
Stabilizing above 0.545 for one week with high volume, will push the price to target 0.875
Stop loss (SL) line should be considered for the rising stop loss level.
AREH is not showing promising signals yet for a breakout but if For good signals consider the following:
RSI should pass 50
Cross up the sideways pattern since the 10th of January.
When cross 1.2 it will have strong resistance from the (1.24 : 1.3) range
ABUK is bull flaggingHigh probability trade on ABUK with potential target at 107 and 118.
Probability 70%
Good setup on RMDA It has a probability of a good uptrend imo.
the trade requires good risk management and patience.
there is an opportunity for trading next week, let's pass ....The demonstrated concept is based on FVG, Order Block, and Ichimoku Kinko Hyo. The narrative is in Arabic, and channeled toward Arabic speaking trader in CASE.
Disclaimer: this is not an investment proposal; if you want to invest consult your investment/wealth manager.
Great Opportunity ---- Sunday 28th Jan 24The demonstrated concept is based on FVG, Order Block, and Ichimoku Kinko Hyo. The narrative is in Arabic, and channeled toward Arabic speaking trader in CASE.
Disclaimer: this is not an investment proposal; if you want to invest consult your investment/wealth manager.
Let's wait & confirm our decision on Sunday 1-28-24 he demonstrated concept is based on FVG, Order Block, and Ichimoku Kinko Hyo. The narrative is in Arabic, and channeled toward Arabic speaking trader in CASE.
Disclaimer: this is not an investment proposal; if you want to invest consult your investment/wealth manager.
High Roller ---- DICE 1-28-24he demonstrated concept is based on FVG, Order Block, and Ichimoku Kinko Hyo. The narrative is in Arabic, and channeled toward Arabic speaking trader in CASE.
Disclaimer: this is not an investment proposal; if you want to invest consult your investment/wealth manager.
outlookSunday 28th jan 2024The demonstrated concept is based on FVG, Order Block, and Ichimoku Kinko Hyo. The narrative is in Arabic, and channeled toward Arabic speaking trader in CASE.
Disclaimer: this is not an investment proposal; if you want to invest consult your investment/wealth manager.
outlookThe demonstrated concept is based on FVG, Order Block, and Ichimoku Kinko Hyo. The narrative is in Arabic, and channeled toward Arabic speaking trader in CASE.
Disclaimer: this is not an investment proposal; if you want to invest consult your investment/wealth manager.
Outlook Sunday Jan 28th, 2024The demonstrated concept is based on FVG, Order Block, and Ichimoku Kinko Hyo. The narrative is in Arabic, and channeled toward Arabic speaking trader in CASE.
Disclaimer: this is not an investment proposal; if you want to invest consult your investment/wealth manager.
outlook for Jan 28th, 2024The demonstrated concept is based on FVG, Order Block, and Ichimoku Kinko Hyo. The narrative is in Arabic, and channeled toward Arabic speaking trader in CASE.
Disclaimer: this is not an investment proposal; if you want to invest consult your investment/wealth manager.
Weekly outlookThe demonstrated concept is based on FVG, Order Block, and Ichimoku Kinko Hyo. The narrative is in Arabic, and channeled toward Arabic speaking trader in CASE.
Disclaimer: this is not an investment proposal; if you want to invest consult your investment/wealth manager.
EFIH drops from the uptrend channel and goes sidewaysMomentum is lost and now in the sideway channel.
Wait till it returns to the uptrend channel and check the price action afterwards.
Sunday 28th of January - Smart Money outlookThe demonstrated concept is based on FVG, Order Block, and Ichimoku Kinko Hyo. The narrative is in Arabic, and channeled toward Arabic speaking trader in CASE.
Disclaimer: this is not an investment proposal; if you want to invest consult your investment/wealth manager.
