📊 Aldrees 📈Cup and Handle pattern, about to break out and rise 16%, followed by 24% 🏷️Current price is 180.40 riyals 🏹Goals start from186 to 260 riyals 🎯The next goal is 186 riyals Good luck! 🤝Please do not forget to support, cheers, likes, comments and boost! Thanks!
Breakout with Increased Volume is observed Several Patterns Formation and Targets are specified Aggressive Entry @ current level Conservative Entry after confirmation of Uptrend (Formation of HL) Trade with SL and Ride the trend with trailing SL
Bullish Indicators 1- Bullish engulfing candle 2- Support @ 50% fib level 3- Bullish divergence on Chaikin oscillator Bearish Indicators 1- Dow: making LL and LH 2- Trendline support broken Biased: Long Trade Plan A: Long Entry @current price (69) SL @ 65 TP1: previous trendline support 73 TP2: 79 Trade Plan B: Short @68 SL @ 70 TP1: 64
TADAWUL:4200 +Triangle Pattern break out +Overall uptrend +Volume increase +Bullish engulfing candle +At high volume zone at fixed volume profile +At golden ratio Fib Retracement -Last Quarter earning less
will continue to rise after crossing the Green Line. I advise you to double your investment . In the case exceeded the red line, I advise you to sell .