Possible Scenario: The market has reached a price level where it has previously found support, indicating buying pressure might be present again. This support zone could potentially halt the recent price decline and lead to a bounce towards 12800. Factors to Consider: Strength of the Support: How strong the support zone is depends on past price action. If the...
Hy all, perhaps in the coming days I will stop posting for personal reasons so if you're going to miss me I'll be around for a while on the X app hehe anyway, today we have a dream with Aramco for a lot of time we were waiting for Aramco at higher prices so maybe this is our chance to go ahead and make the dream come true
a Bullish Pin Bar at a Trendline Support is actually a Positive Sign favoring Bulls Double Bottom Formation is around 86 that seems less likely to hit due to the formation of a Morning Star on Daily Basis However, 92.60 is a Hurdle for now Entry can be taken at CMP or around 90 with a Stoploss of 85 (on Closing basis) Initial Target to be around 95 - 96 & then 99 - 100
Bullish on Weekly as well as Monthly TF Cup & Handle Formation Targets around 118
Double bottom with Bullish Divergence on Monthly TF Also a Good Trendline Support making an ascending Triangle formation All these are Positive Triggers on Monthly TF
as you see in the chart everything is clear i hoop to activate the SL NO jokes with STOP LOSE we will change the SL soon when we get some confirmation in the chart. GOOD LUCK & TRADE SAFELY
Double Bottom to be around 29.50 Weekly Support is around 28.70 - 29 that needs to be sustained (in worst case) Initially 30 should be Sustained Stance: May Take Risk with a Stoploss of 28.50 on Closing basis
Though Still Bearish but, Currently at Important Support level Bullish Divergence on Daily TF is also observed Stance: Not a Good Time to Book Loss! Infact average or New entry is Recommended with a Stoploss below 6 on Closing basis
THis Chart for study ICT and I still Learning, Maybe is it right and Maybe it is Wrong. Alsalam 3Alikum, I hope you are fine. This Highlighted many things and the major that is which High Liquidity and Resistance with old ORder Block 16 Apr .... THis Chart for study ICT and I still Learning, Maybe is it right and Maybe it is Wrong.
Saudi Arabian Mining Co. (1211) is currently forming a pattern of higher highs and higher lows. It's presently positioned at a higher low, making it an opportune moment to enter the market at 51.8. There's potential to ride this trend until it reaches 57.
Saudi Aramco Base Oil Company is trading within a potential broadening wedge formation, with both the lower and upper ascending trendlines supporting the price. The immediate support zone represents an optimal buying area before the price advances towards the targeted 180 level. Short term approach can be consider initially around 152-153 and secondary approach...
Bearish reversal pattern in Tanmiah (Tadawul 2281) observed with a double top pattern visible favorible for shorting.
Bearish on Shorter TF but making an Ascending Triangle Formation possible supports can be around 11.30 - 11.70 Stoploss should be 9.90 (on closing basis)
there is a potential reversal expected around these prices.. I am in :) for investors you may start collecting until 137.
ZAMIL shares have been reaching higher peaks, while the Commodity Channel Index indicator is showing diminishing highs, indicating a bearish divergence pattern on the weekly timeframe. This pattern suggests the beginning of a downward trend. Confirmation of this trend would occur if the price breaks below the support level of 23.70 SAR. Conversely, if the price...
2100 WAFRAH Weekly chart show positive pattern Target to (67.80-70.00) about 45% from current price
TASI form H&SH Pattern , and close at Nick line But there is cluster of support in current area , so there is potential to Pattern Fail and Market continue up trend , first need to close above and breakout the descending Trend line (mention in chart) then get higher than Right Shoulder @ 12800 in case of confirm close under 12850 it will activate pattern...
Now should Cross 61 to continue this uptrend Next resistance would be then around 72 - 73 initially On the flip side, 53.50 - 54 may act as a Strong Support Entry can be taken with a Stoploss of 49 on Closing basis