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#ISMQ#ISMQ created a bullish Gartley pattern at time frame 30m entry level around 4.22 stop loss 4.19 first target at 4.35 second target 4.42 up to 4.48 NOTE : this data according to time frame 30m note : MACD and RSI show positive diversion may support our idea also may prices go down to 4.15 then it will active anther Gartley pattern at time frame 1 hour and then the stop loss will be 4.10 ( targets still the same ) Its not an advice for investing only my vision according to the data on chart Please consult your account manager before investing Thanks and good luck
EGX:ISMQLong
by tfcgeorge
Gann Analysis of Housing & Development Bank (HDBK) 1. Key Gann Levels** The chart utilizes Gann angles and horizontal price divisions derived from **square of 9**. These levels represent **critical supports and resistances**: | **Gann Angle** | **Price Level (EGP)** | **Significance** | |----------------|-----------------------|---------------------------------------------| | **1080°** | **75.21** | Major resistance at the upper zone. | | **990°** | **66.79** | Strong resistance; previous price rejection.| | **900°** | **58.86** | Significant resistance; near a prior top. | | **810°** | **51.44** | Price is trading slightly above this level. | | **720°** | **44.52** | Strong support; historical breakout zone. | | **630°** | **38.10** | Key support; acted as a consolidation area. | | **540°** | **32.17** | Psychological support level. | | **450°** | **26.75** | Lower strong support; previous accumulation.| | **360°** | **21.83** | Important support; breakout level in 2023. | | **270°** | **17.41** | Secondary support from earlier trend. | | **180°** | **13.49** | Significant base support. | | **90°** | **10.06** | Long-term low zone support. | | **0°** | **7.14** | All-time bottom support. | --- 2. Current Price Behavior** - **Current Price:** **53.88 EGP** - **Position:** - Price is holding **above 810° (51.44 EGP)**, a significant level. - The next resistance level is **900° (58.86 EGP)**. - **Trend Analysis:** - **Strong bullish trend** from 2022 to mid-2023, followed by a **consolidation phase**. - The price has maintained higher lows, indicating continued bullish momentum. --- 3. Key Observations** 1. **Support & Resistance Zones:** - **Immediate support:** **810° (51.44)**. - **Immediate resistance:** **900° (58.86)**. - **Breakout Level:** If price surpasses **58.86**, it can rally towards **66.79 (990°)**. 2. **Long-Term Trend:** - The long-term trend remains **upward**, with pullbacks respecting Gann levels as dynamic supports. 3. **Accumulation and Strength Zones:** - The **720° (44.52 EGP)** zone shows strong historical support and accumulation. - Maintaining above this level indicates continued bullish strength. --- 4. Scenarios** #### **Bullish Scenario:** - **Condition:** Price breaks and holds above **58.86 (900°)**. - **Target Levels:** - **66.79 EGP (990°)** - **75.21 EGP (1080°)** #### **Bearish Scenario:** - **Condition:** Price breaks below **51.44 EGP (810°)**. - **Target Levels:** - **44.52 EGP (720°)** - **38.10 EGP (630°)** --- 5. Summary** - The current price of **53.88 EGP** is showing stability above the **810° (51.44 EGP)** level. - Watch for a breakout above **58.86 EGP** for further bullish momentum. - A failure to hold above **51.44 EGP** could trigger a decline toward **44.52 EGP**. Your comments are appreciated! Wish you best of luck
EGX:HDBK
by Magic_xD
Gann Grid Analysis of The United Bank (EGX)**📊 Gann Grid Analysis of The United Bank (EGX) – 1-Hour Timeframe** This chart showcases a comprehensive Gann analysis using the Gann Grid and key levels. The setup provides a geometric framework to analyze potential support and resistance zones, as well as the overall trend. Let’s break it down. --- ### 🔢 **Key Levels Highlighted** The grid is based on the Gann principles, where price is projected using geometric angles. Here are the major levels and their significance: - **0° = 13.9 EGP**: The base level, marking the start of the projection. It’s the foundation for all subsequent calculations. - **45° = 14.495741 EGP**: Acts as an initial resistance zone. If price sustains above this, it often indicates bullish momentum. - **90° = 15.103982 EGP**: A significant midpoint and a potential target in an upward move. - **180° = 16.357965 EGP**: A key level where price typically tests before continuing higher or reversing. - **360° = 19.01593 EGP**: Represents a long-term price projection and a potential upper limit of this move. The intervals between these levels represent equal divisions of price movement, offering a structured way to identify where price may react. --- ### 🟩 **Understanding the Gann Grid** - **Horizontal Lines (Yellow)**: These correspond to price levels derived from the Gann angles, providing support and resistance zones. - **Diagonal Lines (White)**: Represent Gann fans, which indicate the speed and direction of the trend. When the price respects a specific diagonal line, it confirms the trend’s strength. The green vertical lines denote significant time cycles, as per Gann’s theory. These lines are critical moments where price action could see a shift, either continuing the trend or reversing. --- ### 🔍 **Current Price Action** - The price is hovering near **14.340 EGP**, close to the **45° level (14.495741)**. This suggests the price is testing a minor resistance. - If the price breaks above this level and holds, the next target is the **90° level (15.103982)**. - Conversely, if the price fails to sustain and moves downward, the next support is the **22.5° level (14.196308)** or potentially the base level at **13.9 EGP**. --- ### 🛠️ **How to Use This Analysis** 1. **For Long Positions:** - Look for a clean break above the **45° level (14.495741)** with strong momentum. - Targets: **90° (15.103982)**, **135° (15.774223)**, and **180° (16.357965)**. 2. **For Short Positions:** - A rejection at the **45° level (14.495741)** could signal a move back to **22.5° (14.196308)** or lower. - Stop-loss: Above **90° (15.103982)** for short trades. --- ### 🌟 **Conclusion** This Gann-based framework offers a unique perspective on price action for The United Bank (EGX). By closely monitoring these levels, traders can better anticipate market movements and make informed decisions. The chart also emphasizes the importance of time cycles and diagonal trendlines, which are essential in Gann analysis. What are your thoughts on this setup? Let’s discuss in the comments! 🚀
EGX:UBEE
by Magic_xD
#MCQE Egyptian stock#MEQE time frame 15m created a bullish Gartley pattern entry level at 25.40 to 25.60 stop loss 25.30 first target at 26.40 to 26.60 second target 27.00 up to 27.20 and 27.60 accumulation and distribution line indicator show positive diversion , may that is support our idea. in addition at time frame 1 hour showed the same pattern with same results NOTE : this data according to time frame 15m Its not an advice for investing only my vision according to the data on chart Please consult your account manager before investing Thanks and good luck
EGX:MCQELong
by tfcgeorge