- already tested the support line and completed the "double bottom" - insyaAllah will rebound next week - bullish candle stick pin bar on last Thursday, strong indicator for entry.
Insyallah, ERES will break QR2 in the next couple of days Trivia: As of today, ERES is the 3rd largest MKT CAP in QSE with 50.795 B market share
NLCS re-attempt to break the ATH @ 1.19 The sky will be clear and price will rally to make new ATH.
Watch out for failed and false BO patterns by SIIS. Stronger Head and Shoulders pattern, bearish reversal.
Testing the support line of MA100 at 1.57 If it breaks the line and start to sloping down, it will go for MA200 at 1.47 - 1.52 MA200 - the last level of defense and strong support. High probability to rebound.
As a price moves up and down on charts, it encounters “barriers” along the way. If a barrier acts like a floor and keeps the price from dropping any lower, then it is known in trading terminology as support. When it acts more as a ceiling and stands in the way of upward moves, it is called resistance... Source:bforex
Ooredoo ready to fly, will approach the ATH line at 7.45 We're just a couple weeks away, and maybe even days Good luck!
Price above the EMA-20, 50, 100 Most likely will rebound at MA200, MACD crossing above the zero line Bullish momentum after the price break above the Resistance Level 0.620
RL 2 = 0.635 RL 1 = 0.615 SL 1 = 0.575 SL 2 = 0.565 with strong catalyst.
For those who's still yet to join us onboard the ship.. - Bullish engulfing - Possible uptrend continuation - Good entry or re-entry - Buy on dips - Proposed EP: range 1.17-1.19
Fibs Retracement, Extension and Spiral...
Higher low, lower low. Good entry at the dips. Shall wait until price retest of previous lows.
Bulls are exhausted. Bearish divergence - higher high, lower high Possible trend direction change...
Insyaallah, MA50 x MA200 should cross soon. Will give us the 1st golden cross since Feb...indicates the underlying strength.
Should be ready to jump if it goes beyond the CL.
Expected to breakout middle band 1.06-1.07 Volume start to increase Inverted hammer pattern
Combo breakout 1- Breakout middle band 2- Breakout DTL 3- Supported by high volume Will be in-consolidated phase between 0.230-0.235. Once price breaks through the resistance level, we can "bet" on the UT direction.