Key Levels and Setup
🔑 KEY LEVELS
· Target: 4,580
· Pivot (Key Support/Entry Zone): 4,470
· Support: 4,428
📈 OUR PREFERENCE
Long positions above 4,470
· Primary Target: 4,550
· Extension Target: 4,580
The trade is valid as long as price holds above the pivot level. A break above 4,550 opens the path toward 4,580.
⬇️ ALTERNATIVE SCENARIO
Break below 4,470 shifts bias to bearish.
· Next Supports: 4,428, then 4,405
A close below 4,470 suggests weakening momentum and could trigger a pullback toward the mentioned supports.
📊 TECHNICAL COMMENT
· RSI is showing mixed to bullish signals, supporting the case for upward momentum if the pivot holds.
· The structure remains constructive above 4,470, aligning with the near-term bullish outlook.
🧠 TRADE PLAN
1. Entry: Consider long entries on bullish reactions near 4,470, with a stop below 4,428.
2. Targets: Scale out at 4,550 and 4,580.
3. Invalidation: A sustained break below 4,470 negates the long setup and suggests a move toward 4,428/4,405.
إخلاء المسؤولية: الآراء الواردة هنا تعبر فقط عن رأي الكاتب، ولا تمثل الموقف الرسمي لـ Followme. لا تتحمل Followme مسؤولية دقة أو اكتمال أو موثوقية المعلومات المُقدمة، ولا تتحمل مسؤولية أي إجراءات تُتخذ بناءً على المحتوى، ما لم يُنص على ذلك صراحةً كتابيًا.
اترك رسالتك الآن