EMAAR THE ECONOMIC CITY Potential Harmonic Pattern. Targets are shown on the chart.
4220 setup for long 1- trend is bearish but reversal is expected 2- next support is at 8 which was not broken since Aug 2020 3- Volume is high 4- Next resistance is at 8.7 5- Entry Zones -Zone1: 8.2 when bearish trend line is broken and price have retested it. -Zone2: 8.1 when price reaches to the support
Here we are in a downtrend as you see on the chart. But we will have a big probability of an uptrend if we have the breakout with force the vwap indicator and the breakout with force the resistance line by a big green candle with a large green volume.Thanks.
hello freinds this chart we show that thismarket will know with a fort probability an uptrend on next days when i recommend buying cordialy
The market need to do a pull back at the resistance level which will work as a great magnet/support, and after this recent candle we can expect a down within the level of 10.17,
Please share with me your thoughts, Regards