### **Heating Oil (HO) – Head & Shoulders Breakdown, More Downside Ahead?** Heating Oil (HO) has formed a **Head and Shoulders** pattern on the **15-minute chart**, signalling a potential **bearish reversal**. The breakdown of the **neckline** suggests that further downside is likely. ### **Key Observations:** ✅ **Head & Shoulders Breakdown** – The price...
📈 TANM (Tanmia for Real Estate Investment) – Cup & Handle Formation! 🚀** 🔎 **Technical Analysis (1D Chart):** TANM appears to be forming a **Cup & Handle** pattern, which is a classic bullish continuation setup. This pattern suggests the potential for an upward breakout if the price successfully clears resistance. - **Cup & Handle Formation:** The stock...
### **📈 Egyptian Transport (EGYTRANS) – Bullish Trend Analysis 🚀** Your chart on **EGYTRANS (EGX:ETRS)** shows signs of a potential **bullish trend**, but confirmation is needed. Here’s a detailed analysis: --- ### **✅ Bullish Trend Confirmation:** 1️⃣ **Support Holding at 4.507 EGP** – Important level. 2️⃣ **Breakout Possible Above 4.968 EGP** – Key...
Here’s a trading idea you can publish on TradingView based on the image: --- **E-Finance for Digital and Financial Investments (EGX) - Potential Reversal Setup** 📉 **Technical Analysis:** The stock has been in a strong downtrend, forming a falling wedge pattern, which is typically a bullish reversal signal. Currently, the price is testing a key support...
RAYA is currently testing a key ascending trendline, showing signs of a potential reversal. The price action is forming bullish divergence on the RSI and other momentum indicators, suggesting a possible bounce toward previous resistance levels. Key Observations: ✅ Price is nearing strong trendline support. ✅ Bullish divergence forming on RSI and other...
Yes! The chart is showing **bullish potential** with signs of **accumulation in a sideways range**. ### **Bullish Scenario & Accumulation Zone** - The price is trading within a **sideways range (accumulation phase)** between **0.339 EGP (support) and 0.411 EGP (resistance)**. - **High volume near 0.384 EGP** indicates strong buying interest in this area. - A...
# **CONTACT Financial Holding | Bullish Reversal from Golden Fibonacci Zone 🚀** **Ticker**: EGX:CNFN **Timeframe**: 1D **Pattern**: Fibonacci Golden Ratio Reversal + Descending Trendline Breakout ### **📌 Key Analysis:** - The price has approached the **Golden Fibonacci retracement level (0.618 - 0.705)**, a key area where buyers tend to step in. - There is...
MASR: Riding the Bullish Wave to 6 EGP 🚀** MASR is forming a strong **ascending triangle pattern**, respecting its **bullish trendline** while consolidating within a key range. The price recently bounced off support and is now pushing higher, showing signs of accumulation. ### **Technical Analysis:** 🔹 The price is holding above the long-term **trendline...
Here’s a TradingView idea for your sideways trade setup with a potential breakout: --- **ACT FINANCIAL (EGX) – Sideways Trade with Breakout Potential** 📉 **Technical Analysis:** The stock is currently trading within a sideways range, showing strong support and resistance levels. The price is bouncing between these levels, offering a short-term trading...
**📈 AMOC (Alexandria Mineral Oils Company) – Bullish Breakout Ahead? 🚀** 🔎 **Technical Analysis (1D Chart):** AMOC has been trading in a long-term downtrend but is now showing signs of a potential reversal. The price action has formed what appears to be an **inverse head and shoulders pattern**, which is a strong bullish reversal signal when confirmed with...
Natural Gas Outlook: Bearish signals dominate NATGAS with a Head & Shoulders pattern, Shooting Star, and Bearish Engulfing on the chart. Technical Indicators: RSI is declining, and MACD shows bearish momentum, supporting further downside. Weather Impact: The UK forecast for the next two weeks shows mixed conditions—initial sunshine but turning unsettled with...
### **Soybean (USD) – Symmetrical Triangle Breakout Incoming?** Soybean prices are consolidating within a **symmetrical triangle** on the **30-minute timeframe**, indicating an imminent breakout. ### **Key Observations:** ✅ **Symmetrical Triangle Formation** – Price is tightening, forming higher lows and lower highs, preparing for a potential breakout. ✅...
Key Observations: 1. **Bullish Gartley Pattern on the 2-Day Timeframe** - This is a strong reversal pattern, indicating potential upside. 2. **Head and Shoulders Pattern on the 1H and Daily Timeframes** - The **inverted head and shoulders** suggests a bullish breakout, especially after a long consolidation phase. 3. **Consolidation for Almost 3...
### **1. Bearish Technical Indicators** - **Rising Wedge Breakdown**: chart shows a rising wedge, a bearish reversal pattern. Price has already broken below the lower trendline, signaling potential downside momentum. - **Bearish Divergence**: - The **RSI** is making lower highs while the price made higher highs → Indicates weakening buying strength. ...
📌 Key Observations:** - **Sideways Market:** Price is consolidating between **561.43 (support)** and **585.96 (resistance)**. - **Bullish Momentum Indicators:** - **RSI Divergence:** Bullish signal indicating potential upside. - **MACD Crossover:** Suggests an uptrend could gain strength. - **Volume Profile:** High volume resistance around...
### **Cotton No. 2 Futures (CT1!) - Bullish Divergence & Trade Setup** (**Not Financial Advice**) #### **📌 Key Observations:** - **Bullish Divergence**: RSI is making higher lows while price is making lower lows → Indication of **potential reversal**. - **Support & Resistance Levels**: - **Support:** 🟢 **65.73** (Major Demand Zone) - **Resistance...
It looks like your short trade setup on **GBP/NZD** is playing out as expected, moving towards the support area. The price has broken below the **ORL (Order Block Low)** and is approaching the **liquidity void** area. ### Key Observations: - **Bearish Momentum:** Price is making lower highs and lower lows. - **Volume Profile:** The high-volume nodes above suggest...
- The **cup** formation represents a rounded bottom, indicating a period of consolidation and accumulation. - The **handle** represents a minor pullback or sideways movement before a potential breakout. In this case, the breakout seems to have occurred, as indicated by the sharp upward movement following the handle. The target price is likely projected based on...