MamounAli

MamounAli Updated  Mar 13, 2024

In this chart I have a very good example by using Stan Weinstein's Stage Analysis method from his classic book Secrets for Profiting in Bull and Bear Markets. The Gold on the 4H chart Stage2 is finished when the price did not make a new HH also the price break the last HL under MA Stage3 is sterted by retesting the last HL and formed a new LL Stage4 is started...

MamounAli Updated  Mar 13, 2024

The price is nicely breakout the last LH and 50WMA With an increase of volume the RSI is positive and confirmed with a good divergence. So I will open long on monday at 58.

MamounAli Updated  Mar 13, 2024

The trend is up on weekly The price formed a very strong bearish BA Also the Volume was huge Ther is a very good divergenc The RS is negative and bellow the Zero The price break the trend line I opened short at 240 SL 265 TP 190

MamounAli Updated  Mar 13, 2024

The price is inside the stage1 But it breakout strongly the TL by a very strong bullish bar on 11/12/2023 with a very huge volume MA still flat RS is negative, the price retraced near MA formed somme green bars with moderate volume ; The long position is not perfect I opend long at 13.58 SL 11.50 TP1 20 TP2 33

MamounAli Updated  Mar 13, 2024

The price breakout the stage1 of 58weeks by a very strong bullsih bar with a great volume it is in the stage2 Also it breakout the TL The MA and RS are positive an up I opened long at 64.53 SL 53 TP 100

MamounAli Updated  Mar 13, 2024

This market is up broke above the levels of support the volume is good RS is positive above Zero level long at 216 SL 175 TO 299

MamounAli Feb 17, 2024

This market is in stage1 since august 2022 this week 12/02/2024 it break this base strongly by strong bullish bar Break the MA which is up the volume is huge the RS is positive so I will open long at 14 SL10 TP 25

MamounAli Dec 13, 2023

The daily is uptrend The price is above the MA Rejected the level 1.2500 By a price action of multi rejection and bullish BAR the RSI is positive So long position is valid...

MamounAli Updated  Dec 13, 2023

The price of MDB is formed a good pattern of double top confirmed by a nice divergence also the second top is formed by a very strong bearish bar so a sell order at the close of this bar another sell will be opened at the the break of the nick line if happened .

MamounAli Updated  Dec 13, 2023

The price on daily is bullish on 4H is formed a series of LL and LH Then last LL is broken by bearish bar bellow the 52WMA confirming the poissibilty of down phase So the sell order is valide....

MamounAli Updated  Dec 13, 2023

In 4H chart the price is in down trend it formed a series of LH LL and closed strongly under the MA and the last swing LL Also the RSI is down Short at 0.60940 SL 0.62000 TP 0.59500

MamounAli Updated  Dec 11, 2023

The price of NIKI225 is formed a nice pattern Double Top Waiting the bar of this week to close strongly bearish then possible down wave till the strong wekly level 30000-30250 let us see....