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Hvf

2050 : SAVOLA (The trade is ready)SAVOLA Group is a major F&B producer and distributer in Saudi Arabia and Middle East. The stock has been trading in down trend over the last year while most other companies were making new all-time high. Why? The reason being there is a major macro trend taking place since 2006. Lower lows and Higher highs forming a triangle that is generally a sign of major pull after it breaks to the upside. For the time being, the chart seems to have bottomed at around 30 SAR and now is moving on the leg up to make a new high at the upper edge of the triangle lines. We have entered the trade at 32 SAR with our target at (+23%). Keep watching this will be the trade of 2022 and 2023. Best, FBH
TADAWUL:2050Long
by binhajifahd
2270 : SADAFCO (+50% by December 2022)Macro analysis for Saudi Diary and Food Company, The chart indicates a bull macro trend since 2008 from H&S bottom to the top in 2017 that sent it to the bottom of the trend channel in 2018. Since then the stock has been in a pull pattern. Since recent weeks the chart has been in accumulation pattern around 170-177 SAR. It now broke above and is going for targets at 210 SAR (+23%) with potential even to achieve 50% at the top of trend channel by year end.
TADAWUL:2270Long
by binhajifahd
ROSEUSDT - Perspective of a Value BuyerRunning through a value buy scenario on ROSE if macro sets up for further correction. Spot accumulation setup, no leverage. Shoutout to @thecryptosniper for HVF theory, elements of which are used in my analysis (grindline theory, legacy HVF levels as KLoS). Note this is not *pure* HVF theory (as current ROSEUSDT pattern is not compliant) which would give us proper and specific entry, exit and targets to allow leveraged scaling, rather than just a general accumulation zone as indicated here. Tools used: Volume by Price (VBP): identifies price control areas which act as support/resistance, and likewise "pockets" where price is likely to slide through without much trouble. Key Levels of Significance (KLoS): Legacy inflection points, points of control, the like. Point of Control (PoC): Axis of VBP fluctuations - price will have many interactions on these, and they often serve as support/resistance later. Grindline: Typically called "trend line" but implications are more precisely defined in HVF theory. Fibonacci Retracement: Voodoo magic. Current fib retrace is taken from recent ATH in November 2021 to the low in June 2021 correction. Legacy PoC still dominant: There is a value buy zone sitting within the 0.18-0.21 range via a confluence of indicators. Legacy PoC has re-affirmed around the 0.20 level since the conclusion of the summer correction. Local PoC has, within the past week, shifted from the 0.20 level to just above the 0.5 fib, showing further strength (and potentially signalling that 0.20 may not be revisited). The 0.20 PoC level sits on top of the 0.382 fib and coincides with a prior HVF. Barring the start of a crypto bear market, the zone around the 0.20 PoC is likely the limit of discount we can potentially see within the coming weeks. For a return to the zone around 0.20 to occur, another downleg in BTCUSDT to the 42k-43k range is likely required (and at present, still within the realm of possibility). Otherwise, the local PoC should be treated as "best value" in the context of a continuing bull market.
Long
by Derivati-Capital
SAND 6.49 RRLocal neck line as tight stop. After impresive run from btc in may crash second relative high might be in. if we assume tha here a continuation pattern developing. lately strugling to go up forming descending triangle. ready to underperform capitulation to 0.43 i do expect after btc completes run to 47500 ish and takes a rest. a speculation with half ready setup. if it fails on lower time frame the chance might come a couple of candles later again, might add some when 0.61 or something.
Short
by JanisKupsis
4
BTC Wyckoffian Analysis - Appearing alerts of Redistribution I posted on my last post here, that I’m thinking the price will rise, but now I think I was wrong. I think there’s a lot of weakness in the market and I will explain why: 1. The highest VP points on the lower half of the range - that is a Sign Of Weakness(SOW) because it means the for most of the range, there is not enough demand, the supply slowly pushes the price lower, and the demand fails to handle it. 2. The volatility is noticeable - there is not even one bullish movement that is not answered with an equal or stronger bearish movement 3. The range keeps getting lower lows 4. OBV decreases through the range - indicates higher volume for bearish movement 5. Macro descending triangle - the range is also a triangle pattern, which indicates movement continuation 6. Macro H&S - the range is the right shoulder of a much bigger H&S pattern
Short
by dma300