GBPJPY TRADEThe market forms a double top , I already took that trade to the down side gaining 2000 $ and now i'm entering on another trade to the downside aiming for 2.51 to 1 RR , SL at 198.953 and TP at 197.454
Uaestockmarket
BTCUSDT TRADE I'm very bullish on BTC , as we see we are on an uptrend , so we are looking to buy BTC , i'm waiting to take a buy position when the trendline is broken and I'm gonna aim for the 73998.06 and stoploss is gonna be in the 67902.47 . i'm not sure about the Stoploss area because i haven't seen the price breaks the trendline yet.
EMAARDEV IS BEARSHThe price will fluctuate between the two price areas of 7.60 to 5.40. But due to increasing pressure from sellers, we expect the price to continue to fall, however, we can create a sell deal with a target of 5.80 and a loss limit of 7.70.
UAE Stock market to 2XBeautiful inverse head and shoulders
Already broken the neckline, and backtested.
Stay long
stay strong
ALDAR Due to the price's attempt to return to higher targets, the stock is showing signs of diminishing buyers. But it seems that the main buyers in the lower areas are waiting for a strong purchase in the 1.80 until $2.25 area.
Deyaar Development has a potential of 40% upside!Deyaar is one of the largest developers in Dubai. Its real estate ventures include major growth corridors and prime locations, including Business Bay, Dubai Marina, Al Barsha, DIFC, Jumeirah Lake Towers, Dubai Production City, Dubai Silicon Oasis, Al Barsha South and Al Barsha Heights.
The stock of this company had a breakout from an important horizontal level of AED 0.65 on Monday's trading session. Speaking of the Elliot wave structure of the stock, the company looks to be going into a major bull run as the the latest leg to the upside is supposedly just the wave iii of III of 3(ignore the marking and labeling if you don't follow Elliot waves, just know that the stock can turn into a multi-bagger in future with those kinds of waves unfolding and yet to unfold.)
To talk about the target for the ongoing wave alone, AED 0.95 is the projected target zone for the stock(40% upside from current levels).
As mentioned AED 0.65 was a crucial level for the stock and now the same level should be considered as a strong support for it.
Note*- This post is for educational purpose only. Please do your own analysis/research before taking ang trading/investing decisions.
A new wave up in ADNOC GASADNOC Gas Processing is a natural gas producing company and the largest gas processing complex in Abu Dhabi.
The share of ADNOC GAS went up in an impulse from march 2023 and completed the impulse wave up by august 2023
From Aug. 2023 to Oct 2023 the share corrected 61.8% of the entire rise in the form of an Elliot Wave zig zag(ABC).
The Wave 3 for the stocks seems to have started off and the projected target for the same would be approx.4.15 AED(26% from CMP).
Note*- This post is for educational purpose only
35% upside in DFMThe share of Dubai Financial Markets(DFM) went up in an impulse in March 2023 and then from July - oct end retraced 78% of the impulse.
The share now completed a simple zig zag correction(ABC) and is all set to move towards AED 1.86 mark in coming few moths.
Note*- this post is for educational purpose only
More RecoverTrend
Etisalat is in a strong downtrend for now, for the last 2 days we are seeing some bounce/short recovery. We cannot trust this move as this can be a correction phase of this massive drop to the downside. We wait for a proper bullish price action to take any position.
Fib Level
Watch out 50% Fib level area if we see rejection candles around that area it will be a added confirmation that bears are charging and bulls will have to leave the ground. For now its too risky to take any trade in this unless its quick entry and exit strategy.
Hit like & follow guys ;)
QUICK ANALYSIS ON BOROUGEDear Emirati Traders, I'm sharing with you this analysis on BOROUGE, as you can see on the chart the price is preparing to come down since July, once you get the confirmation you get in the market, if not don't sell.
QUICK ANALYSIS ON DEWADear Emirati traders, as you can notice on the chart the market just made a pullback on the support level, to buy it you must wait for a confirmation of the pullback then you ride the trend.
The comment secion is all yours for further questions!
QUICK ANALYSIS ON ADCBDear Emirati Traders, you can see on the chart thet the price pulled back multiple times on the resistance level and couldn't break through it, there's a high probability that the market will head down towards the 7.70 level, to make sure of that you must wait for a confirmation of the pullback then you can sell.
For further questions, don't hesitate to ask!
SELL ADAVIATIONDear Emirati Traders, it's been a while since I last posted about UAE Markets.
On ADAVIATION, you can see that the price is heading down after pullingback twice on the sell zone and went around the resistance level we have at 7.88 before taking his way down to the level 0.5 of the pitchfork, as you can see on the chart, today the stock closed below the 0.5 level, to sell you must wait for a confirmation to get a good selling position.
The comment section is all your for further questions!
Time to take some restQholding for now i think is bit streched there are good chances in Mondays session it can open with a gap up and then start declining. For now its bit risky to enter right at the top unless there is some big news coming out on Mondays related to Qholding. Over all its very bullish and in a uptrend.
Hit like & follow guys ;)
BUY FADX15Dear Emirati traders and investors, it's been a while since I posted about UAE markets, now I'm sharing with you a trade I gave to my customers last week before the correction and now since I'm telling them to reinforce their position I said why not to share it to the public.
Set your SL and TP as it placed on the chart and follow for weekly analysis on all Middle Eastern local markets.
If you got any question the comment section is all yours.
BIg MoveAfter the capital adjustment this stock is just flying high and there is no question of turning back. Stongly bullish any dip is a buying opportunity also i think very soon it will touch 6.50
Hit like & follow guys ;)
GOLD (XAUUSD)GOLD Trade setup bullish and bearish trade setup...
you get exact entry level contact with us.
ALRAMZ Corporation ADX ShareALRAMZ is in demand area and shown good support by buyers TP=4.4 about 300% Gain
DEYAAR Development Share , UAE ADX SockDEYAAR ADX Stock Market Share is in good Demand zone
at First Buy in orange Area and if with any reason Price go down to Black Box dont Worry
These are Best Prices to Buy in Past 365Days
First TP: 0.672 means 30 Percent
Second TP:0.927 means 80 Percent Gain
Considering Price is in Upward Movement and Dont Sell all Your Shares Just Save Profit and Best Tp should be 2.34 means 385% Gain for Long term
Sharjeh Islamic Bank(SIB) UAE ADXSharjeh Islamic Bank(SIB) UAE ADX
Good Price To buy For TP1:2.15 =12% but its Uptrend Better To Save Profit and Let some Part of Your Asset Goes on
Please Support And Share
(ADNOCDIST) Abu Dhabi National Oil CompanyHi
Abu Dhabi National Oil Company (ADNOCDIST) ready for Jump
ENTRY:4.28
SL:4.20
TP1:4.75
RR=10% for First TP
BURJEEL HOLDING ADX UAE BURJEEL HOLDING reaching demand zone
ready for upward movement
ENTRY:2.14
SL:2.05
TP:2.68
RR=25% to TP1 but its direction is upward you better save profit and let 20% goes on
