📈 Trade Idea: ALSAIF STORES (TADAWUL: 4161)
Timeframe: Daily (1D)
Current Price: 7.96 SAR
Setup Type: Breakout & Retest
🔍 Trade Narrative:
Price has broken above a recent consolidation zone (marked in light blue).
Strong bullish momentum is visible after reclaiming the key level of 7.80.
Market structure shows higher lows and a push towards previous liquidity zones.
🎯 Trade Plan:
Entry Zone: 7.80 – 7.90 (retest area)
Target 1 (T1): 8.35 (Previous High / Liquidity Grab)
Target 2 (T2): 8.44 (Final Target with Heart Marker 💗)
Stop Loss: Below 7.70 (below recent structure)
📊 Risk-to-Reward:
Approx. Risk: 0.20
Reward: 0.44 – 0.64
R:R Ratio: ~2.2 to 3.2
🔧 Confluence:
Daily structure shift confirmed
Liquidity resting above 8.35
Volume spike during breakout
Potential bullish continuation if price retests successfully
Timeframe: Daily (1D)
Current Price: 7.96 SAR
Setup Type: Breakout & Retest
🔍 Trade Narrative:
Price has broken above a recent consolidation zone (marked in light blue).
Strong bullish momentum is visible after reclaiming the key level of 7.80.
Market structure shows higher lows and a push towards previous liquidity zones.
🎯 Trade Plan:
Entry Zone: 7.80 – 7.90 (retest area)
Target 1 (T1): 8.35 (Previous High / Liquidity Grab)
Target 2 (T2): 8.44 (Final Target with Heart Marker 💗)
Stop Loss: Below 7.70 (below recent structure)
📊 Risk-to-Reward:
Approx. Risk: 0.20
Reward: 0.44 – 0.64
R:R Ratio: ~2.2 to 3.2
🔧 Confluence:
Daily structure shift confirmed
Liquidity resting above 8.35
Volume spike during breakout
Potential bullish continuation if price retests successfully
I am an SMC & ICT Master, specializing in Market Structure, Liquidity, and Order Flow. With a razor-sharp focus on precision trading, I navigate the markets with strategy and discipline—turning probabilities into profitability!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I am an SMC & ICT Master, specializing in Market Structure, Liquidity, and Order Flow. With a razor-sharp focus on precision trading, I navigate the markets with strategy and discipline—turning probabilities into profitability!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.