Modon price action is warning of a potential bullish move

١٧ أكتوبر ٢٠٢٤

MODON is set for possible bullish move. Long from the green buy zone or wait for break out above 3.9 AED level, I would place stops below 50 MA or below last swing low.
P.S. Not financial advice, my personal view only

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تم فتح الصفقة

If you entered from green zone, stop reached but the trade is positive. I would hold until stock close below 3.34 AED.
Trade setup is still valid for break out of 3.9 AED level