TADAWUL:2380   RABIGH REFINING AND PETROCHEMICAL CO.
ALsalam 3alikom, I hope you are fine!

Study the RBIGH graph, which depicts weekly for this line. When initially looking at the chart, you should be able to immediately identify broad details, minor details and minute details.


The minor details in this chart are also quite easy to identify, which is lines respect 0.62 % OTE Fibonacci. The minute details are those points in the graph where change occurs, which back and respect the order block also in the 0.62 %, which describe the Bearish Head and Shoulder.



On overall, I have many reason to entry now, which is :

BOS - Break Of Structure :
When price breaks a low or high then it is called BOS.

LQ or $ - Liquidity grab :
Liquidity simply means money or huge opposite orders to be filled to fuel the movement of the market institutions.

OTE - Optimal Trade Entry :
It is when you are looking for a Retracement for

FVG - Fair Value Gap :
are powerful tools traders use to identify market imbalances and inefficiencies.

BB - Breaker Block :
is the lowest closed candle in the recent swing low before a bearish run.
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