Sk-system
"Marseilia Egyptian Gulf" Stock (MAAL) Analysis Based on SKThis analysis is based on the SK Strategy, focusing on corrective price patterns like ABC and Fibonacci retracement levels to identify support and resistance. Currently, the stock is trading at 3.09 EGP, with a correction pattern indicating potential upward movement towards 3.60-3.70 EGP. The 2.99 EGP (78.6% Fibonacci level) acts as support, while breaking below 2.98 EGP might signal further declines.
#SYS/USDT#SYS
The price is moving within a bearish channel pattern on a 4-hour frame and broke it upward after adhering to it significantly.
We have a downtrend on the RSI indicator, and it has been broken to the upside, and we have a trend to hold above
We have a major support level in green at 0.1020
We have a trend of domes above the Moving Average 100
Entry price is 0.1050
The first target is 0.1116
The second target is 0.1170
The third goal is 0.1220
#SYS/USDT#SYS
The price is moving in a descending channel on a 1-hour frame, about to break to the upside
With a strong support area in green at 0.2000, from which the price has already rebounded
We have a trend to touch the Moving Average 100
We also have an uptrend on the RSI on which the price rests and pushes it upward
Entry price is 0.2066
The first target is 0.2200
The second target is 0.2400
The third goal is 0.2567
AUD/CAD Bigger Picture and Scalping ZonesThe bigger picture of AUD/CAD looks bearish.
The price is consolidating between the high and low of 1996 and 2001 as a major swing high/low.
After breaking a swing low in 2001 price attempt to break a high in 2012 has failed. Since then every swing of the price has persistently broken the previous low.
The secondary sequence has respected the WCL zone created by the primary sequence and the B zone created by the secondary sequence.
Hence, if the Tertiary Sequence respects the B zone, the price has the potential to break the previous low and continue its down move.
Price Action & TDI Perspective::
Weekly Doji Candle and price not being able to close above the high of Shooting Star (indicating that the current price attempted to test the Doji's high)
Weekly/Daily TDI under the formation of Umbrella// Divergence
My perspective
4H has already formed a divergence, wiped the sell-side liquidity, and broken the previous low, with a 100% Fib. extension and a beautiful retracement to B Level.
TOMO BuyTomo in the short term is bullish, based on the SK system having two targets.
In the long term, it has higher targets