Emirates Telecom Group (EAND) ADX 15m Long SetupEmirates Telecom. Group Company (Etisalat Group) PJSCADX:EANDMESHANL EAND has been hugging the **daily uptrend** since mid-June, printing a clear bullish structure. The latest corrective drop has retested the **demand zone** at 18.14–18.28. The move down appears to be losing momentum, hinting at possible buyer re-entry. **🟩 Key Supply/Demand Zones** * **Demand Zone:** 18.14–18.28 (trendline + prior support + potential end of correction) * **Supply Zone:** 19.04–19.18 (previous high and resistance cluster) **📉 RSI Divergence** * RSI is showing **bullish divergence** — price made equal or slightly lower lows, while RSI made higher lows. This signals that sellers are losing strength. **🎯 Trade Setup** * **Entry:** 18.28–18.32 (within demand) * **Stop Loss:** 18.14 (just below demand) * **Take Profit:** 19.04–19.18 (supply zone retest) * **Risk/Reward:** \~3.9R * **Trade Management:** Consider moving SL to BE at \~18.50 (1:1 RR) and trail stops along minor higher lows on the 15m chart. **💰 Risk Management** * Risk only 1–3% of your total equity. * Avoid scaling in unless there’s a confirmed break above 18.50 with volume expansion. *"In trading and investing, it's not about how much you make but rather how much you don’t lose."* – Bernard Baruch **⚠️ Disclaimer** This is not financial advice. Trading carries risk, and you should assess setups based on your own strategy and capital management rules.