Misr Beni Suef Cement is in A potential bullish harmonic pattern is forming, with price reacting strongly from the C-point support zone. As long as the C-low holds, the structure suggests a continuation to the upside.
Key Levels:
• Entry: Current market price above C-point
• Target 1: 244.44 (major resistance + first supply zone)
• Target 2: 269.43 (harmonic resistance)
• Target 3: 276.83 (upper PRZ completion level)
Stop Loss:
• Below point C at 209–212 (breaking this level invalidates the bullish setup)
The bullish scenario remains valid as long as price stays above the C-point structure.
Key Levels:
• Entry: Current market price above C-point
• Target 1: 244.44 (major resistance + first supply zone)
• Target 2: 269.43 (harmonic resistance)
• Target 3: 276.83 (upper PRZ completion level)
Stop Loss:
• Below point C at 209–212 (breaking this level invalidates the bullish setup)
The bullish scenario remains valid as long as price stays above the C-point structure.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.