BTFH – Coiling for a Move (But Watch Out for the fakes!)Beltone HoldingEGX_DLY:BTFHsnourBTFH Daily Chart If you've been in the Egyptian market for a while, you know BTFH has a bit of a reputation—it loves to play mind games, shake out weak hands, and move in "cunning" ways before making its real move. Let's break down exactly what the daily and weekly charts are telling us right now in plain, simple terms. 🔍 The Big Picture: Squeezing Into a Triangle Looking at both the daily and weekly charts, BTFH is currently trapped in a massive tug-of-war (rope pulling game) between buyers and sellers. This has formed a classic Symmetrical Triangle pattern: The Ceiling (Downtrend): Since peaking at 3.66 EGP, sellers have been capping every recovery at lower points (3.37 EGP, then 3.15 EGP). This is represented by the solid green descending line. The Floor (Uptrend): On the bright side, buyers are stepping in earlier and earlier, establishing a firm rising floor from the recent low of 2.91 EGP (the pink line). When a price gets squeezed tightly between a falling ceiling and a rising floor like this, a powerful breakout is usually just around the corner. Currently trading at 3.09 EGP, the stock is right at the apex of this triangle. 📊 Momentum & Volume Check RSI (Strength Meter): Sitting at a very neutral 54.74, meaning the market isn't overbought or oversold. There is plenty of fuel left in the tank for whichever direction it chooses next. MACD: The moving averages are virtually flatlining around the zero line, confirming that volatility has temporarily dried up. It’s the classic calm before the storm. 🎯 The "Cunning Stock" Trading Plan Because BTFH historically loves "fakeouts" (pretending to break out one way just to reverse sharply), we need to be extra disciplined with our entries and risk management. The Conservative Entry: Wait for a decisive daily candle close above the green trendline (around 3.12 - 3.15 EGP). Target 1 (Short-term): 3.37 EGP (the previous lower high). Target 2 (Medium-term): 3.66 EGP (the major peak). Target 3 (The Dream Target): If it successfully clears 3.66 on high volume, it opens the door to look back toward the psychological 4.00+ EGP levels seen in the weekly history. 🛡️ Managing the Risk (Don't Get Trapped!) Given its tricky nature, keeping a tight safety net is mandatory. Stop Loss: A daily close below 2.91 EGP (breaking the pink rising floor) completely destroys the bullish setup and means it's time to step aside. What’s your take on BTFH this time? Are the buyers finally going to take control, or are we in for another classic fakeout? Drop your thoughts below!