Do you understand the price action here? Hit like & follow guys ;)
Arkan Building Materials Near Strong Demand Zone and is Starting To Achieve Peak Entry:1.35 SL:1.30 TP:2.11 || 55% Profit RR=1:15 LongTerm But 1:5 ShortTerm
Its been trying again and at but its not able to close above the resistance of 1.35 today again bulls showed some power and took the control. In order for this stock to turn bullish we want to see a solid green candle close above 1.35 so that it can continue the momentum for the coming week. Hit like & follow guys ;)
It would be a idea scenario if it can come down for a retest of 1.20 area and then show us buying pressure so that we can enter the trade. For now this stock should be in our stalking list. Hit like & follow guys ;)