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BLDN - Ready to break 2.00In BLDN daily chart, it shows wave 1, 3 and 5 are motive waves and they are subdivided into 5 smaller degree impulses labelled as (i), (ii), (iii), (iv), and (v). Wave 2 and 4 are corrective waves and they are subdivided into 3 smaller degree waves labelled as (a), (b), and (c). The 5 waves move in wave 1, 2, 3, 4, and 5 make up a larger degree motive wave (1).
Corrective waves subdivide into 3 smaller-degree waves, denoted as ABC. Corrective waves start with a five-wave counter-trend impulse (wave A), a retrace (wave B), and another impulse (wave C). The 3 waves A, B, and C make up a larger degree corrective wave (2).
BLDN need to break the resistance at 2.00 to enter the wave-3 formation. Get ready as wave three is usually the largest and most powerful wave in a trend.
Traders can thus use the information above to determine the point of entry and profit target when entering into a trade.
Regards - Sifuut Siduuut
QAMC - Healthy UptrendUsing Fibs Speed/Resistance Fan to identify Resistance and Support of QAMC price movement
Give indications of any price level corrections
MPHC - get trapped in the flat style correctionMPHC is moving in sideways since June last year and couldn't breakout the resistance at 2.193.
The downtrend continues after the price broke support trendline 2.019 last month.
IHGS - Trend DirectionEW Impulses + Equality, Alternation within Correction, Depth of Correction Wave, Fibs Extension + Retracement
Keywords: #TradingWithTheTrend #SpotAnImpulse #FiveSubWaves #ThreeBasicRules #ImpulsiveWaves #GoldenRatio
BLDN - Let's catch a falling knifeStandby at MA-200 in daily chart...wait for the price to bottom out before buying it.
High potential to quickly rebound...
NLCS - Rising Fibs FanFan Line 1: Trough to 38.2% retracement
Fan Line 2: Trough to 50% retracement
Fan Line 3: Trough to 61.8% retracement
Will expect price trends to reverse of breakthrough.
MPHC - the sleeping princeSideways and level 25% of fib line acting as support.
This fan lines can be used to estimate support levels or potential reversal zone.
Need to break 50% fib retracement line to gain the positive momentum.
BLDN - Rebound from its support of 1.80Still awaiting for breakout confirmation on the MACD indicator in daily chart.
Get ready to ride the trend!
AAMAL - Ready to ride the trendIt is a time for intraday traders to RTT. Kindly use multiple TF to obtain an edge, right entry at the right time.
SIIS - ready to RTTBullish candle pattern
Marking up the price action and ready to rally.
P/s - Please look at other relevant factor before entry.
IGRD - ready to breakoutHeavy accumulation of IGRD since 6 October.
Just a matter of time to break-out the resistance level and fly with high volume.
KCBK - Earning Time With Maximum ProfitI think the accumulation phase is over, and it is a time to start the engine.
Mark-up phase will kick in and the price will start to move higher
BLDN - Waiting for confirmation Waiting for the next candle to reversal and flip back into the UTL.
Breakout confirmation candle to trigger the long entry.
BLDN - bullish candle stick pin bar- 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.
EZDAN - TOWARDS ALL TIME HIGHInsyallah, 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 - One more resistance to breakNLCS re-attempt to break the ATH @ 1.19
The sky will be clear and price will rally to make new ATH.
SIIS - Downward Sloping LineWatch out for failed and false BO patterns by SIIS.
Stronger Head and Shoulders pattern, bearish reversal.
GISS-Buy on Dips Near the MA200Testing 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.
QE Index - Short term vs Long term (RL & SL)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
ORDS - just broke 4 resistance levels last week...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!
BLDN - showing little underlying strengthHigher low, lower low.
Good entry at the dips.
Shall wait until price retest of previous lows.
