Dubai Islamic Bank (DIB), 2h chart_ Buy Setup
DIB has been in a solid daily uptrend since mid-2024, respecting the rising trendline.
Recently, price completed an ABC corrective structure, pulling back from 12.10 highs → 9.50s.
It is now sitting at the demand zone (9.35–9.50), with signs of buyers stepping back in.
Trend & Structure
Macro Trend: Bullish (higher highs/lows intact).
Current Phase: End of Wave (C) correction.
Next Cycle Projection: Elliott Wave 1–5 up, with 12.75+ targets in sight.
Supply & Demand
Demand Zone (Strong Support): 9.35 – 9.50 (already tested).
Next Resistance Levels (Supply):
11.25
12.10 (previous high)
12.75 (projected Wave 5 target)
Elliott Wave Outlook
Completed: (A)-(B)-(C) correction.
Next: Bullish cycle projected → Wave (1) → (2) → (3) → (4) → (5) toward 12.75.
Measured projections:
Wave (1): 10.87 (+18%)
Wave (3): 12.10 (+27%)
Wave (5): 12.75 (+33%)
💰 Trade Idea
Entry Zone: 9.50 – 9.55 (demand zone bounce).
Stop Loss: 9.35 (below demand).
Take Profit Levels:
TP1: 10.87 (Wave 1)
TP2: 12.10 (Wave 3)
TP3: 12.75 (Wave 5)
🎯 Risk/Reward :
To TP1 = ~1:7
To TP2 = ~1:12
To TP3 = ~1:18+
⚖ Risk Management
Max risk per trade = 1–2% of portfolio.
Move SL to Break-Even (BE) once TP1 is hit.
Scale out 30% at TP1, 30% at TP2, hold rest for TP3.
"In trading, the key is not being right, but having an edge and sticking to it." – Paul Tudor Jones
⚠️ Disclaimer
This is not financial advice. For educational purposes only. Always DYOR before trading.
Long
Long
Long
Long
Long
Long
Long
Long
Short
Long
ADSB, ADX, 1H, Demand Zone Bounce into Supply Test* ADSB traded sideways through most of 2023 and early 2024, building a long-term base.
* In early 2025, price broke out aggressively from the **Daily ascending channel**, triggering a vertical rally into the 8.90–9.00 area before a sharp pullback.
* Current structure is consolidating inside a **local Demand Zone (7.88–8.00)**, sitting at both horizontal support and the lower bound of the recent breakout zone.
* This demand zone is also reinforced by the **Daily channel midline**, acting as a trend continuation pivot.
* Nearest overhead **Supply Zone** is at **8.91–8.94**, where prior rally stalled.
* Structure suggests that if buyers defend the current level, we could see a retest of the Supply Zone followed by a push toward **9.70**.
**Supply & Demand Zones:**
* **Demand Zone (Buy area):** 7.88–8.00
* **Supply Zone (Sell area):** 8.91–8.94
**Trade Idea:**
* **Entry:** 7.90 (Trendline Breakout)
* **Stop Loss:** 7.48 (below last high)
* **Take Profit:** 9.70 (Daily channel resistance & measured move target)
* **Risk/Reward:** ≈ 1:4.5
**Trade Management:**
* Move SL to BE once price clears 8.94 Supply Zone with conviction.
* Scale partials at 8.94 before holding runners toward 9.70.
**Risk Management:**
* Max \$ risk = 1–3% of account equity.
* Avoid oversized positions — sharp pullbacks are common in low-float ADX stocks.
> “Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.” – Warren Buffett
**Disclaimer:**
Not financial advice. For educational purposes only.
Long
Long
Long
Long
Long
Abu Dhabi Ports at a Technical Crossroads: Breakout or Breakdown📈 Abu Dhabi Ports – Daily Technical Analysis
🗓️ Date: July 23, 2025
📍 ADX: ADPORTS | Price: AED 4.26
➤ Trend Structure:
Abu Dhabi Ports is still trading below a long-term **descending trendline**, keeping the broader bias cautious. Despite a recent bounce from the AED 3.49 lows, price has hit dynamic resistance near AED 4.45 and is showing hesitation.
➤ Candlestick Signals:
* Recent candles show Bearish Engulfing and Harami formations near resistance, indicating potential exhaustion of the bullish move.
* Previous reversal was preceded by a strong Bullish Engulfing near the base support (AED 3.42–3.49).
➤ Scenario Outlook:
🔵 Bullish Scenario (Breakout):
A confirmed breakout above the descending trendline (\~AED 4.45) with strong volume could trigger a trend reversal, opening the path to AED 5.00+ targets. Momentum indicators must turn sharply positive to confirm strength.
🔴 Bearish Scenario (Rejection):
* A rejection from current levels could lead to a pullback toward **AED 4.10**, and possibly retest **support zones** at AED 3.88, 3.73, or the prior swing low at **AED 3.49**.
* Breakdown below AED 4.07 would confirm short-term bearish pressure.
ADX:ADPORTS
📊 Momentum & Indicator Readings:
* **Commodity Trend Reactor** shows weakening bullish momentum, currently around neutral (41.44).
* Price is consolidating inside the Ichimoku cloud; bias remains undecided until breakout.
🧭 Conclusion:
Price is at a **critical inflection zone**.
* Wait for breakout above AED 4.45 (with strong follow-through) for long positions.
* A failure here may confirm a lower-high and favor downside continuation.
📌 Strategy:
"Plan for both outcomes — react to confirmation, not prediction."
Long 
Long
