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EssentialSource, Trust me bro. I mean well its in a downtrend and the price just keeps hitting lower, the 4h reacting very bearishly and the 1 day also didnt say much more than daily downtrend (recently). So i think i have good confidence in this trade as i took the long pullback trade yesterday and the price showed that its respecting my analysis, so i would assume...
If the price holds the 0.618, then we are seeing a new ath. Highly good play in here. Just be aware that there is a resistance @ 11.7 to 12.7. Take some profits at this level and move your SL to breakeven.
Ufff, What a chart man. This stock was in a downtrend for over 7 years. Then for a whole year is in this triangle as its accumulate. And so far it didnt take the liquidity @0.668, it did make an attempt, but failed. Then it will try again in the coming period. I think to trade this one we should be patient as hell, as a one year accumulation, will definitely be...
Ok, as predicted before long ago, i gave you a good entry at 0.46, but i think there still good chance to make some money in here. Iam very much looking to take this trade, that's why i did some fundamental analysis on this stock which turned out to be a low cap stock. Ok, lets run quickly through some facts: 1- Economy is doing great in Egypt in general, and...
Just checked this stock which seems very good trade for now. With a flow of good news for the past week about the trade war between China and USA, there is a good possibility for a long trade in here. Also technically, a downtrend line has been broken, and liquidity got swept, so i cant see anything in the way of a long trade in here. See this marked blue line,...
Man, I really wish I didn’t look at this chart right before bed—this thing looks like it’s straight out of a horror movie. From what I can tell, we’ve got a monthly bearish inverted FVG lining up perfectly with daily resistance. There’s also a broken trendline on the daily, and right after it snapped, we got that sharp V-shape move, which looks like a classic...
Well, iam taking this trade for sure. Iam shorting Gold again because of the following reasons. The reason behind this trade is the IFVG that is nested withing the now resistance level (marked in black) Secondly, there is a broken trendline that i dont think it will be reclaimed anytime soon (marked in yellow). There are many others small details that...
Hey everyone, The chart shows bullish flag and held strong support at 47-48 price level. One thing that worries me is the liquidity below 47.5 (in green circle), because the price always makes big moves after a liquidity sweep, which in this case didn't happen yet. So i expect one of two scenarios that might happen, either the price will go briefly below 47 to...
There is 65% chance that this trade would hit. Only time will tell though. The upper trendline is bearish and it held for long, will whales manipulate the price and get the liquidity above then continue lower or the price will just hit lower? only time will tell. I think maybe we will be visiting the 3000 again, hopefully soon.
Oh man, what a chart to dig into. (Read the fundamental analysis for this one—I don’t look into company financials or earnings. I’m also not following the news, so that’s on you. I’ve seen too many setups fail because of some unexpected headline or a random tweet on a f***ing Monday from the orange man.) Why am I looking at this setup? We’re sitting right at...
I love Fawry stock since it has been doing well during bad times in the Egyptian market. Its really an undervalued stock that i expect it to do exceptionally well in the future. However, based on the chart (for short term) for this stock to really takes off, it need to correct, grap liquidity and to the moon from there. So i think, realistically, its has to go...
LOL, have you heard about the latest offers from Palm Hills Developments? They’ve launched a massive advertising campaign, offering apartments and villas with only a 1–3% down payment for properties that usually cost anywhere between 7 and 19 million EGP. Then, they’re allowing customers to pay very low monthly installments over 10 to 12 years. And guess what?...
The stock was in a strong downtrend, but it seems to be reversing to the upside. On the bright side, or the bullish side, the price has started making higher highs and higher lows, which could be a good sign if we consider this recent downtrend a pullback within a larger uptrend. On the bearish side, this is a very risky trade, as bears could put pressure on the...
I mean, check the chart. Its self explanatory. P shape VP, Bullish flag, and the price swept most of the liquidity on the down side. With BTC making new ATH, i dont see anything in the way of XRP. Even though i think its worthless coin, but the chart and market participants think otherwise. Maybe we should add XRP to our wallets?
Yep as i can see in here, this is free money laying around needs to be taken. This is a classic example of an uptrend, got weak a little bit, formed a double bottom. Price made a new range. Accumulated, manipulate, then the final stage is distribution, that's were we make money. i would give it a 9 out of 10 trade. But DYOR as my analysis could be wrong, and...
This stock is a short term bearish until 42.4 or if i dives dipper to 36.11 EGP. But more than likely it will stop at 42.4 EGP then full reversal should be in play. The 80% likely scenario is the price further retraces and reverse. But if good news comes around and the price fully closes above 62 EGp, then wait for any retracement to 62 again and go long. Also...
I think there is a valid short opportunity here. Here is more fundamental analysis (done by ChatGPT). /////////////////////////////////////////////////////////////////////////////// Ibnsina Pharma is a prominent pharmaceutical distribution company in Egypt, listed on the Egyptian Exchange under the ticker symbol ISPH. Established in 2001, the company...
Hello Everyone, Have checked this stock for a shorter term opportunity on the 4h tf. The stock seems was way way way over valued and made a huge run to the upside, then now is on the way down. This downtrend only tells that buyers are not that interested on this stock at those prices, along side those who made profits from the initial run up to the upside, which...