AL RAMZ CORPORATION -DFM-LongAL RAMZ CORPORATION (2H chart)
ALRAMZ just threw down a textbook bounce off the demand zone, broke the daily downtrend line, and momentum's lit. That 1.57 level? That’s the kill zone. Could be Wave A or 1 — either way, bulls are cookin'.
Looks like we’ve completed a **corrective structure** post-Wave 5 top near 1.70.
The impulsive drop into the **Demand Zone (0.97–1.01)** has been met with strong buying — potential by breaking the daily trendline and start of a new motive wave or large corrective rally.
* **Demand Zone:** 0.97–1.01 (key support that triggered this bounce)
* **Supply Zone (Target):** 1.57–1.60 (prior consolidation & resistance)
RSI Recently triggered a **Bullish Divergence**
RSI has spiked above 80, suggesting **strong bullish momentum**
🧠 **Trade Setup**
* **Entry:** 1.12 (post-breakout retest)
* **Stop Loss:** 0.97 (below Last Low)
* **Take Profit:** 1.57 (major supply resistance zone)
**Risk/Reward:**
* **R/R = 3:1**
"In trading, it's not about prediction, it's about preparation." – Mark Douglas
### ⚠️ **Disclaimer:**
This analysis is for educational purposes only and not financial advice. Trading involves risk, so manage position size accordingly and always use stops.
