TradingView Buy Plan – Al Rajhi REIT Fund (Weekly)
Setup:
Price is approaching an area of EQ_H Liquidity (~8.40). This level coincides with previous consolidation highs, making it a key area for potential bullish continuation.
Entry:
Wait for a weekly candle close above the EQ_H Liquidity (~8.40).
Alternatively, look for a strong bullish lower timeframe candle confirming rejection of support and continuation higher.
Targets:
1st Target: ~8.60 (intermediate resistance)
Final Target: ~9.09 (2024 high)
Stop Loss:
Place below recent swing low (~8.16) to minimize risk.
Notes:
Ensure patience; avoid entering before clear weekly confirmation.
If price fails to hold above EQ_H Liquidity, reconsider the setup.
Risk-to-reward is favorable (2R potential if targets are reached).
Setup:
Price is approaching an area of EQ_H Liquidity (~8.40). This level coincides with previous consolidation highs, making it a key area for potential bullish continuation.
Entry:
Wait for a weekly candle close above the EQ_H Liquidity (~8.40).
Alternatively, look for a strong bullish lower timeframe candle confirming rejection of support and continuation higher.
Targets:
1st Target: ~8.60 (intermediate resistance)
Final Target: ~9.09 (2024 high)
Stop Loss:
Place below recent swing low (~8.16) to minimize risk.
Notes:
Ensure patience; avoid entering before clear weekly confirmation.
If price fails to hold above EQ_H Liquidity, reconsider the setup.
Risk-to-reward is favorable (2R potential if targets are reached).
I am an SMC & ICT Master, specializing in Market Structure, Liquidity, and Order Flow. With a razor-sharp focus on precision trading, I navigate the markets with strategy and discipline—turning probabilities into profitability!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I am an SMC & ICT Master, specializing in Market Structure, Liquidity, and Order Flow. With a razor-sharp focus on precision trading, I navigate the markets with strategy and discipline—turning probabilities into profitability!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.