Hi friends the daily analysis shows that it will experience with a high probability an uptrend but at the same time you have to be vigilant of the change towards the opposite direction
#tadawul #TASI #squeeze #pullback #downtrend The red line identifies a probable zone of squeeze and pull back. If it is broken down, there is strong probability to see the price going down further. The blue up trending line and the two other blue horizontal line helps you to get the story for a day trader on the TASI. After a super squeeze, the market price went...
With this simple price action, we can estimate that the market can go higher, The major confirmation that we will need is to see a greater volume provided by the buyers.
Target 48 Maybe it will take time to reach the target
#tasi #tadawul #tadawulindex #tadawulcours #tadawulbourse #arabicstock #stock Do you like music? See how the chart is harmoniously playing. This #TASI is moving in #ranges, at one moment in one range then strong push to another one. The blue lines are the next possible #ranges. At the moment the price is at a very critical price. It can pullback to go down or...
Wait for a retest and put the level 73,55 SAR As a primary target
We are near a strong resistance level at the price 17, be aware of it because this level is much respected from the last year, but if we saw again a gap in the price with a break of the price 17, then the market will repeat the previous bullish channel ,with a high probability
WE NEED TO RESPECT THE PRICE ACTION MOVEMENT TO STAY PROFITABLE IN THIS MARKET,
I think that we are in a good place to buy but all we need is that the price must be up to 13,31 and then we can enter and put at least the level 14,07 as a target and it may vary regarding the behavior of the market in the next week
I think that we should prepare to buy at the price 7,80 and put the price of 8,38 as a target and that may vary regarding the behavior of the market in the next week for the SL we can put 7,24, PS: after the butterfly we saw that the market give us a strong bearish wave and then again the market did a remarkable correction with the breakout within the level 50% of...
We need a good candle in term of Body/Volume to judge that the market will change the trend
Wait until we reach the level of 50%
That would be an easy profit, PS: the target level it is just a primary and may vary regarding the next behavior of the market