Looking at weekly frame analysis:
* Close Previous price gaps formed in June 12th to 19th 2022
- Price to hit 8.81 (Lower previous price gap)
- Price to hit 9.78 (Upper previous price gap)
New targets to hit after gap is closed and stabilize above 10.32
There seems to be a bullish rectangle which might be broken if bullish buyers are serious
📊 7201| Arab Sea Information Systems
Broke out its descending triangle
Targets: 8.90, 10.70, 12.60, 14.70> 17.25> and 20.15 SR
Supports: 6.50 and 5.55 SR
Good luck!
Pease do not forget to support, cheers, like, comments and boost!
Thanks!
Arab sea has a possibility to go bullish to 90’s if neckline is penetrated . It has formed a valid bottom head n’ shoulders. AB-CD also suggests an aggressive move targeting 100’s possibly 120 if the parabolic move is not broken down.
hello freinds
this chart we shows that this market will know an uptrend on next days when i recommend buying with a fort probability
if you have any questions you can write it in commentaire below and i will answer them
and please don't forget to support this ideas with your like and comment thank you
cordialy
