AL RAMZ CORPORATION (2H chart)
ALRAMZ just threw down a textbook bounce off the demand zone, broke the daily downtrend line, and momentum's lit. That 1.57 level? That’s the kill zone. Could be Wave A or 1 — either way, bulls are cookin'.
Looks like we’ve completed a **corrective structure** post-Wave 5 top near 1.70.
The impulsive drop into the **Demand Zone (0.97–1.01)** has been met with strong buying — potential by breaking the daily trendline and start of a new motive wave or large corrective rally.
* **Demand Zone:** 0.97–1.01 (key support that triggered this bounce)
* **Supply Zone (Target):** 1.57–1.60 (prior consolidation & resistance)
RSI Recently triggered a **Bullish Divergence**
RSI has spiked above 80, suggesting **strong bullish momentum**
🧠 **Trade Setup**
* **Entry:** 1.12 (post-breakout retest)
* **Stop Loss:** 0.97 (below Last Low)
* **Take Profit:** 1.57 (major supply resistance zone)
**Risk/Reward:**
* **R/R = 3:1**
"In trading, it's not about prediction, it's about preparation." – Mark Douglas
### ⚠️ **Disclaimer:**
This analysis is for educational purposes only and not financial advice. Trading involves risk, so manage position size accordingly and always use stops.
ALRAMZ just threw down a textbook bounce off the demand zone, broke the daily downtrend line, and momentum's lit. That 1.57 level? That’s the kill zone. Could be Wave A or 1 — either way, bulls are cookin'.
Looks like we’ve completed a **corrective structure** post-Wave 5 top near 1.70.
The impulsive drop into the **Demand Zone (0.97–1.01)** has been met with strong buying — potential by breaking the daily trendline and start of a new motive wave or large corrective rally.
* **Demand Zone:** 0.97–1.01 (key support that triggered this bounce)
* **Supply Zone (Target):** 1.57–1.60 (prior consolidation & resistance)
RSI Recently triggered a **Bullish Divergence**
RSI has spiked above 80, suggesting **strong bullish momentum**
🧠 **Trade Setup**
* **Entry:** 1.12 (post-breakout retest)
* **Stop Loss:** 0.97 (below Last Low)
* **Take Profit:** 1.57 (major supply resistance zone)
**Risk/Reward:**
* **R/R = 3:1**
"In trading, it's not about prediction, it's about preparation." – Mark Douglas
### ⚠️ **Disclaimer:**
This analysis is for educational purposes only and not financial advice. Trading involves risk, so manage position size accordingly and always use stops.
By Dubai Traders Hub
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Follow us on X , YouTube, and Join our Telegram Channel
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.
By Dubai Traders Hub
Follow us on X , YouTube, and Join our Telegram Channel
Follow us on X , YouTube, and Join our Telegram Channel
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.