Bearish Divergence on Monthly TF

SAUDI ARABIAN MINING CO.Tadawul

Description

⋅ Apr 17, 2024 11:49 AM

Though Bullish on All Time Frames,
Bearish Divergence on Monthly TF +
Double Bottom around 57 - 58 are
favoring Bears

However, Bullish Momentum will Only
be Continued if 58 - 59 is Sustained

Comment

⋅ Apr 23, 2024 10:25 PM

From 56.40 (rejection level 57-58)
Now at 52.30🤷‍♀️

However, 51.40 - 51.50 Sustained on Weekly basis would favor bulls.