The only problem for now is the less volatilityWith this simple price action, we can estimate that the market can go higher,
The major confirmation that we will need is to see a greater volume provided by the buyers.
Tadawl
Ranges Identified - See Market Music - #TADAWUL - TASI - WEEKLY#tasi #tadawul #tadawulindex #tadawulcours #tadawulbourse #arabicstock #stock
Do you like music? See how the chart is harmoniously playing.
This #TASI is moving in #ranges, at one moment in one range then strong push to another one.
The blue lines are the next possible #ranges. At the moment the price is at a very critical price. It can pullback to go down or break the resistance to go up.
The orange line is a probable very very strong #support. The market is moving above it at the moment. We have more #probability to see the market going up, but as the market goes away from that line it can come back to it. It is acting like a possible @gravity #center #price line.
Extra blue down trending line have been traced to show you what is the music of this market as those two lines are 100% paralleled. Do you see the same music?
Watch out closely in the next week We are near a strong resistance level at the price 17, be aware of it because this level is much respected from the last year, but if we saw again a gap in the price with a break of the price 17, then the market will repeat the previous bullish channel ,with a high probability
WE NEED TO RESPECT THE PRICE ACTION MOVEMENT TO STAY PROFITABLE WE NEED TO RESPECT THE PRICE ACTION MOVEMENT TO STAY PROFITABLE IN THIS MARKET,
Zein Analysis For The Next WeekI think that we are in a good place to buy but all we need is that the price must be up to 13,31 and then we can enter and put at least the level 14,07 as a target and it may vary regarding the behavior of the market in the next week
AN EASY QUIZ FOR THE NEXT WEEK I think that we should prepare to buy at the price 7,80 and put the price of 8,38 as a target and that may vary regarding the behavior of the market in the next week for the SL we can put 7,24,
PS: after the butterfly we saw that the market give us a strong bearish wave and then again the market did a remarkable correction with the breakout within the level 50% of the Fibonacci
This is what professional do That would be an easy profit,
PS: the target level it is just a primary and may vary regarding the next behavior of the market
WE ARE IN A SIDEWAY POSITION AND WE NEED TO GET OUT OF IT ASAPWe need to get out from this sideway position to get a clear view about the market, but as a first view,
the market will breaks the upper of this range with a high probability
BUY AFTER THE RESTEST AT THE LEVEL OF 78%Dear all,
I think that we have to spot a good entry point within the level of 78%
kind regards
A BULLISH MOVE WILL COME WITH A HIGH PROBABILITYNow we need the last confirmation to enter in a buy position, the next candle must be above the 50% of the fibonacci and then we can enter in the market because we can expect a bullish move with a high probability
WAIT UNTIL YOU SPOT A GOOD ENTRY POINTWe need to wait further more until the market reach the range of the oversold profile then we can spot a good buy entry and take a wise investment
WE SHOULD BE OUT OF THE MARKET FOR NOW For now, we can't take accurate decision to enter in a buy position because we are in the middle of the recent price change action, I suggest to wait until the test at the oversold situation ( the green support ) and then we can buy after the market confirms our view
AGAIN TREND IS YOUR FRIEND After analyzing this bullish move we can state that the market really want to continue the uptrend and we are will supported also with the volume
I think that we can enter in the market, we can expect that the market will go up until the test of the red resistance trend line
TABUK ANALYSIS WITH WAVES AND VOLUMES, STAY OUT FOR NOWAfter seeing this strong bearish wave, it seems that we have difficulties to define the next trend of the market and also we have a lack in the volumes but anyway, we draw now this sideway range to tell that the market need to break the up of it and then we can buy, but if the market breaks the down of it then maybe we will comeback to the normal price variations.
Tihama Update - Buy & Follow the Fibonacci LevelsWe are in a good buy opportunity here because we have a lot of indications that supports us like the volume and also the tag team of the level 61 of fibonacci and the major support level in green
PULL THE BUY TRIGGER Dear all,
Now we are again in a favorable buy situation and to activate a safe and easy investment at this market, that can run in the long term frame,
But anyway the market will last in this bullish trend for a long while with a high probability
ARAMCO WILL CHAANGE THE TREND Now we saw that the market is rejecting the support level and can't go inside the range so this is a good opportunity to buy the market, put your SL at 33,40 and your TP at 35,01
Kind regards
PREPARE YOUR TRIGGER TO SELL YOUR SHARES AT THE REQUERED LEVELthe buyers are still in control but we can't guarantee if the market will continue up after reaching the level of 90, this level should be your target level where you should be out of the market and sell your shares for a better and safe investment
TASI UPDATE!!!The Market now is testing the 50% value of Fibonacci retracement, for now the market is trying to go up to the level of 61 but anyway this recent bearish move is very significant and powerful and it's very hard to judge that the market will go up
GET READY TO SELL YOUR SHARES SOON!We saw that the market is now above the VWAP, if you are already in a buy position, you should prepare yourself to sell your shares because the 200MA indicates that the market may go down furthermore
A POSITIVE MARGIN CALL FOR THE BUYERSThis support now is acting as a lif e saver for the buyers and we saw from this last rejection that the buyers can take control again, STAY IN YOUR POSITION AND SELL AFTER REACHING THE TARGET LEVEL
