⸻

🔹Technical Analysis
• Price is moving within a bearish horizontal range.
• Apparent failure to penetrate the upper recharge zone.
• The presence of unfilled upper FVG kits puts pressure on prices.
• The secondary uptrend has been broken before and now acts as resistance.

⸻

🔹 Wave Analysis
• Current trend within a correction wave within a larger structure.
• Wave formation may be:
• Extend downwards
• Or retest the upper before landing

⸻

🔹Time Analysis
• Prices are at a sensitive time point.
• Vigorous exercise is usually expected during the next session.

⸻

🔹Number Analysis (Momentum)
• Momentum is weak and volatile.
• Lack of clear purchasing power.
• Any current rise so far is considered corrective.

⸻

🔹Fundamental analysis (brief)
• No strong news to support gains.
• Liquidity tends to run out near resistance levels.

⸻

🔹Price Action
• Equal highs.
• Repeated rejection of price reductions in the same region.
• Top discharge signal.

⸻

🔹Support and resistance levels

🟢Support
• 88,500 – 87,800
• 85,000 – 84,000
• Strong support: 82,000

🔴Resistor
• 90,800 – 91,500
• 92,800 – 94,000
• Strong resistance: 100,000 – 105,000

⸻

🔹Supply and demand areas
• Strong supply area: 92,000 – 94,000
• Average required area: 87,500 – 88,500
• Strong demand zone: 82,000 – 84,000

⸻

🔹 Axial area
• Pivot zone: 89,000 – 90,000

Prices are currently at → Market decision is coming

⸻

📌 SELL TRANSACTION

Entry (sell):
• From the region: 90,000 – 91,000
• Or after an apparent breakout of 88,500

Stop loss:
• Closing Stop: Above 91,500
•Safety Stop: 94,000+

Target:
• First target: 88,500
• Second goal: 85,000
• Third goal: 82,000

Comment:
• Preferred trade when there is a rejection candle or weak momentum.
• Manage the trade by moving the stop loss to the breakeven point after the first target.

⸻

📌 Purchase discount

Admission (Purchase):
• After a clear and stable close above 92,000
• Confirming momentum and breakout candles

Stop loss:
• Stop loss: below 90,500
•Safety Stop: Below 89,000

Target:
• First goal: 94,000
• Second goal: 98,000
• Third goal: 100,000 – 105,000

Comment:
• Can only be purchased after confirmation, not included in the scope.
• Failure to remain above 92,000 will result in transaction cancellation
️Important Tips

We do not provide financial or investment advice;
Instead, we provide scientific and educational content based on technical and fundamental analysis.

You are the only one responsible for the decision
Click the buy or sell button,
Takes full responsibility for capital and risk management.

Analyst:
✍️Engineer Ihab

channel:
📊 Sayed Al-Dhahab Channel – Telegram

Source link