I do like The Saudi National Bank (SNB) chart. Seems interesting and bullish to me. However, earnings are coming soon which might give a good opportunities to buy long-term.
In the contemporary global landscape, compelling arguments exist for a pro-Gold, pro-China, pro-BRICS case and a pro-US, pro-USD case. This extensive analysis will explore both perspectives, starting with the pro-Gold, pro-China, and pro-BRICS cases. The global commodity supply and demand pricing dynamics reveal a shift in gold businesses from the US to China....
The US dollar has maintained its status as the world's dominant reserve currency for decades, thanks to its perceived security, resilience, and the depth and liquidity of US markets. Despite concerns surrounding the dollar's hegemony, it remains a crucial player in global transactions. Meanwhile, China's economy faces challenges, such as growing provincial...
Dear Qatari traders, as you can see on the chart we have the price pulling back on the VWAP, what you're going to do I's to wait for the 1st 15 min green candle to come above the VWAP then you get in. For further questions or information don't hesitate to leave a comment.
Bearish signs downtrend no 200 MA breakout. 49 and 44.5 are good entry if there is bullish signs
Good afternoon dear Qatari traders! Congrats to those who have bought the IGRD, I posted yesterday some analysis of different markets you can check by getting in my account, 2 markets went as expected and the others still consolidating or following the market algos. Follow for more analysis on different markets! Don't hesitate to ask your questions if you have...
Following the chart, you can notice that the price is on an uptrend and followed by the VWAP before making a fake breakout of the 0.5 level of the Pitchfork to come back for a pullback on the VWAP. TP and SL set them at your own risk! Don't hesitate to ask in case you got any question!
As you can see on the chart, the price did a fake breakout of the VWAP before coming up to follow the it on its up trend. TP and SL set them at your own risk!
Dear Qatari traders, as you can see on the chart the price cut through the VWAP past 2 days after making a fake breakout to continue climbing to reach the 1 level of Pitchfork
Dear Qatari traders, you can see on the chart that we have a golden point configuration you must wait for the price to cut through, once it does you buy.
Dear Qatari traders, you can see on the chart that the price is on the 0.5 level of the pitchfork as there's a resistance level on the place I sat the rectangle.
Dear Qatari traders, as you can see on the GNRI 30min chart, the price pulled back numerous times before managing to make a fake breakout to come up and follow the VWAP on its way up. TP and SL set them at your own risk!
Clearly, anyone tracking the recent Saudi cuts in oil production understands that this mixed with the new Chinese trend of buying oil in yuan and creating the "petroyuan," will generate a price increase based on supply/demand fundamentals.
We take a look at the resistance levels following the Saudi Arabia announcement. We have seen a clean bounce off long term moving averages suggesting that we are likely to see the market gravitate to its 55-week ma at 90.09. Disclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form,...
Oil markets have been throwing some tight harmonics.
Good day everyone. well as you see in charts if USA and other big players haven't found any way out for current political and financial issue, we will see a capitulation on Stock Markets specially in USA .. so be careful. so next target will be at 2000 pts area which will be marked technically in Elliot Wave Structure WAVE C !!! More Geopolitical and...
Following the chart we have a golden poin we must wait for the price to break, once it does Sunday you ride the trend.
I posted on MARK a month ago where I said to buy it, this week the price broke the channel to start its new up trend