Hello guys!
We're currently seeing strong bullish momentum on EMAAR, trading around the 15.35 zone.
🔎Key Zones to Watch:
✔Former Supply & Demand Area (15.15 - 15.00)
This zone is now acting as a strong support. Price dipped into it and showed clear signs of buyer pressure, a solid area to consider long entries if price revisits.
✔ Flip Area (14.45)
Previously a resistance, this level has now flipped into potential support. If the price breaks below the first zone, this becomes a second entry point to go long. Expect a strong buying reaction here if tested.
👉The bullish channel remains intact, and both zones are backed by structure and momentum. The buying pressure is clearly dominating.
🎯Target: Upside potential remains towards 16.00 + in the coming sessions if the bullish structure holds.
Based on the last P&L: Emaar posted strong 2025 results with revenue up 38% YoY to AED 19.83B!
We're currently seeing strong bullish momentum on EMAAR, trading around the 15.35 zone.
🔎Key Zones to Watch:
✔Former Supply & Demand Area (15.15 - 15.00)
This zone is now acting as a strong support. Price dipped into it and showed clear signs of buyer pressure, a solid area to consider long entries if price revisits.
✔ Flip Area (14.45)
Previously a resistance, this level has now flipped into potential support. If the price breaks below the first zone, this becomes a second entry point to go long. Expect a strong buying reaction here if tested.
👉The bullish channel remains intact, and both zones are backed by structure and momentum. The buying pressure is clearly dominating.
🎯Target: Upside potential remains towards 16.00 + in the coming sessions if the bullish structure holds.
Based on the last P&L: Emaar posted strong 2025 results with revenue up 38% YoY to AED 19.83B!
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram channel: t.me/melikatrader94
Forex telegram channel: t.me/melikatrader94GoldForex
____
Telegram channel: t.me/melikatrader94
Forex telegram channel: t.me/melikatrader94GoldForex
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram channel: t.me/melikatrader94
Forex telegram channel: t.me/melikatrader94GoldForex
____
Telegram channel: t.me/melikatrader94
Forex telegram channel: t.me/melikatrader94GoldForex
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.