Analysis of Mubarak Currency

Overall trend of the currency: Collapse + Distribution

RS on the 4-hour frame 15

The conditions for entering a trade are

Waiting for the RS indicator on the 4-hour frame to reach 7 or 4 to place a buy order; a price reversal is expected, especially if the price reaches around 0.012 in the coming period. This number is not necessarily important; the crucial number is the one that matches the RS at the lowest point.

In the case of a gradual reversal from the area 0.055,

the price may reach around 0.11; we place a sell order because there is a high probability of complete distribution and a significant collapse that continues the selling wave. At the same time, we should be cautious as there may be

purchasing momentum in the area of 0.11, which might push the price to re-test 0.2, but this will be very difficult unless the purchasing momentum is extremely strong.

However, if a specific decision is made from this point 0.062,

it is a significant risk that requires deeper analysis and great focus.