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YASIRWA
Feb 8, 2023 10:40 AM

2310: SAHARA INTL. (Falling Wedge Breakout and Retest) Long

SAHARA INTERNATIONAL PETROCHEMICAL CO.Tadawul

Description

Price moving within Falling Wedge for quite some time.
Breakout and Retest is observed
Formation of HH, HL
Support from MA 50,100 (Cross) -->1H TF
Support from EMA 200 (Cross) -->1W TF

Fib Levels and Horizontal Suppport Levels are marked for TPs
possible formation of AB=CD in process
Trade with Stop Loss
Ride the trend with trailing stop loss
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