An upward move is expected as the price moves within this channel, supported by the ascending trend line from which it bounced, Price targets the marked lines on the chart. Waiting for the increase in trading volumes to give a clear signal for entry.
A clear impolse has done last August after rebounding from July bottom Seems we're near to start a new impolse from 1.08-1.11 area Let's see!
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. ERES - If break, Bullish continue
Ezdan = As we note in the chart below, a bullish trumpet is still going inside( Megaphone Pattern) , and because we are talking about a reversal pattern, this means that if the price breaks it down, we will see a strong downward wave This scenario can be canceled by breaching the descending channel (in pink) on the condition that it exceeds 1.835 in high trading...
Current price for Ezdan is higher and close to resistance. Need to wait atleast 1.650 for a safe entry.
Insyallah, 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