2222 trade ideas
2222: Trading range: two situationsWe are here in a trading range situation. Neither the buyers nor the sellers have the reason why the vwap indicator at times turns white.
However, if the resistance line is forcefully broken by a large green candle and followed by large green volume then we would have a high probability of the market going higher. Moreover, if we have the breakout of the vwap indicator as well as that of the support by a large red candle and accompanied by a large red volume, this means that we would have a high probability that the market will go down.Thanks!
TIME TO BUY ARAMCO !Dear investors, As you can see on the weekly chart, the price last week pulled back on an interesting support it tride to break multiple times and it ended by going up as you can see on the part I drew a box on, after breaking the 1st suport it came back to re test on the main interesting support to continue its way up.
In case you got any question don't hesitate to ask and I'll be answering with pleasure !
Analysis on 4 hours: two situations : Bullish ChannelAs you see on the chart we are in the bullish channel situation. So after the breakout with force of the two resistances lines by a big green candle with a large green volume we will have a big probability to have an uptrend. In other hand, if we have the breakout with force the vwap indicator and the support line by a big red candle with a large red volume it's mean that we will have a big probability to have a downtrend.Thanks.
2222 .aramco down Trend ,what's Next ?Hello ladies & gentleman ,According to my analysis I think there is a high probability for a rejection in the areas mentioned ,as we see a bullish divergence,which confirm a bit our analysis,,But it can continue the down movement until the 2nd area.
We will wait the next days for a good confirmation,also to keep the investment more clear.
If you have any suggestions or opinions ,tell me discuss it..