Natural Gas Outlook: Bearish signals dominate NATGAS with a Head & Shoulders pattern, Shooting Star, and Bearish Engulfing on the chart. Technical Indicators: RSI is declining, and MACD shows bearish momentum, supporting further downside. Weather Impact: The UK forecast for the next two weeks shows mixed conditions—initial sunshine but turning unsettled with...
Key Observations: 1. **Bullish Gartley Pattern on the 2-Day Timeframe** - This is a strong reversal pattern, indicating potential upside. 2. **Head and Shoulders Pattern on the 1H and Daily Timeframes** - The **inverted head and shoulders** suggests a bullish breakout, especially after a long consolidation phase. 3. **Consolidation for Almost 3...
### **1. Bearish Technical Indicators** - **Rising Wedge Breakdown**: chart shows a rising wedge, a bearish reversal pattern. Price has already broken below the lower trendline, signaling potential downside momentum. - **Bearish Divergence**: - The **RSI** is making lower highs while the price made higher highs → Indicates weakening buying strength. ...
📌 Key Observations:** - **Sideways Market:** Price is consolidating between **561.43 (support)** and **585.96 (resistance)**. - **Bullish Momentum Indicators:** - **RSI Divergence:** Bullish signal indicating potential upside. - **MACD Crossover:** Suggests an uptrend could gain strength. - **Volume Profile:** High volume resistance around...
### **Cotton No. 2 Futures (CT1!) - Bullish Divergence & Trade Setup** (**Not Financial Advice**) #### **📌 Key Observations:** - **Bullish Divergence**: RSI is making higher lows while price is making lower lows → Indication of **potential reversal**. - **Support & Resistance Levels**: - **Support:** 🟢 **65.73** (Major Demand Zone) - **Resistance...
It looks like your short trade setup on **GBP/NZD** is playing out as expected, moving towards the support area. The price has broken below the **ORL (Order Block Low)** and is approaching the **liquidity void** area. ### Key Observations: - **Bearish Momentum:** Price is making lower highs and lower lows. - **Volume Profile:** The high-volume nodes above suggest...
- The **cup** formation represents a rounded bottom, indicating a period of consolidation and accumulation. - The **handle** represents a minor pullback or sideways movement before a potential breakout. In this case, the breakout seems to have occurred, as indicated by the sharp upward movement following the handle. The target price is likely projected based on...
### **📈 Egyptian Transport (EGYTRANS) – Bullish Trend Analysis 🚀** Your chart on **EGYTRANS (EGX:ETRS)** shows signs of a potential **bullish trend**, but confirmation is needed. Here’s a detailed analysis: --- ### **✅ Bullish Trend Confirmation:** 1️⃣ **Support Holding at 4.507 EGP** – Important level. 2️⃣ **Breakout Possible Above 4.968 EGP** – Key...
Key Observations: Support & Resistance Zones: Strong Resistance: 37.41 EGP (Previous high). Current Resistance: 31.68 - 32.11 EGP (Needs a breakout for bullish continuation). Support Levels: 31.54 EGP, 28.08 EGP, and 25.03 EGP. Moving Averages (Blue & Red Lines): Price is near moving averages, suggesting a retest of support or an early uptrend. If the price...
Yes! The chart is showing **bullish potential** with signs of **accumulation in a sideways range**. ### **Bullish Scenario & Accumulation Zone** - The price is trading within a **sideways range (accumulation phase)** between **0.339 EGP (support) and 0.411 EGP (resistance)**. - **High volume near 0.384 EGP** indicates strong buying interest in this area. - A...
### **Key Observations:** 1. **Falling Wedge Formation (Bullish Pattern)** - The stock is trading inside a **falling wedge**, which is a bullish reversal pattern. - A breakout above the upper trendline could trigger **strong upside movement**. 2. **Volume Profile Analysis** - There is strong **buying interest around 2.2 EGP**, where **high trading...
### **Key Observations:** 1. **Breakout from Resistance** - The stock has recently **broken above a key resistance level** around **2.88 - 3.08 EGP**, indicating bullish momentum. - A successful retest of this zone could confirm it as a **new support level**. 2. **Volume Profile Analysis** - The **volume profile** on the right shows a strong...
#### **1️⃣ Chart Pattern & Breakout Potential** - The stock is forming a **descending triangle**, which is often bearish, but **a breakout above resistance** can signal strong upside potential. - The price is consolidating near **24.23 EGP**, close to a breakout point. - If the price **breaks above 25.08 EGP**, it could trigger a strong rally. ####...
1. Chart Pattern Analysis:** - The chart shows a **symmetrical triangle** formation, which is a **neutral pattern** that can break in either direction. - The price is near the **apex of the triangle**, meaning a breakout is imminent. - **Bullish Breakout Confirmation:** The latest candle appears to be attempting a breakout above the upper trendline. #### **2....
**Trend Analysis** 1. **Ascending Triangle Pattern:** - The chart shows an **ascending triangle** pattern, characterized by a horizontal resistance line and an upward-sloping trendline. - This is typically a **bullish continuation pattern**, meaning a breakout above resistance could lead to further upward movement. 2. **Support & Resistance Levels:** ...
📈 TANM (Tanmia for Real Estate Investment) – Cup & Handle Formation! 🚀** 🔎 **Technical Analysis (1D Chart):** TANM appears to be forming a **Cup & Handle** pattern, which is a classic bullish continuation setup. This pattern suggests the potential for an upward breakout if the price successfully clears resistance. - **Cup & Handle Formation:** The stock...
📈 AMOC (Alexandria Mineral Oils Company) – Bullish Breakout Ahead? 🚀** 🔎 **Technical Analysis (1D Chart):** AMOC has been trading in a long-term downtrend but is now showing signs of a potential reversal. The price action has formed what appears to be an **inverse head and shoulders pattern**, which is a strong bullish reversal signal when confirmed with a...
**📈 AMOC (Alexandria Mineral Oils Company) – Bullish Breakout Ahead? 🚀** 🔎 **Technical Analysis (1D Chart):** AMOC has been trading in a long-term downtrend but is now showing signs of a potential reversal. The price action has formed what appears to be an **inverse head and shoulders pattern**, which is a strong bullish reversal signal when confirmed with...