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usmanwalana
Dec 28, 2022 9:41 AM

7010 | SAUDI TELECOM CO | 1D Long

SAUDI TELECOM CO.Tadawul

Description

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Its in downtrend, making lower highs and lower lows. From 2 days bulls are trying to push price upwards but closing at same level. Bullish divergence in sync with chart.

# Bearish Indicators
- Downtrend LH & LL


# Bullish Indicators
- Inverted Hammer candle
- Near Trendline support
- Bullish Divergence


# Trade Plan
👉 Entry: 35.65
💰 TP: 37.17
🚫 SL: 34.88
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